Iconic luxury British sports car manufacturer Aston Martin has announced a nine-year high in sales for its cars, driven by rising demand in North America, the UK and China.
The luxury maker of handcrafted sports cars, based in, has posted that its full year sales have risen to 5,117 units in the last year.
The firm, which has seen sell-out demand for its DB11 model and special vehicles including the Vanquish Zagato and Aston Martin Vantage GT8, has seen a 58% year-on-year increase, with adjusted EBITDA of at least £180 million on revenues of more than £840 million.
Dr Andy Palmer, Aston Martin President and Chief Executive Officer, said: “We continue to perform ahead of expectations, both in terms of financial performance and in meeting our targets for the DB11 and special vehicles. This strong sales performance shows that our Second Century transformation plan is building momentum.
“Phase Two of the programme will be largely completed in 2018 with the introduction of the Vanquish replacement and production of the new Vantage, contributing to continued sustainable profitability at Aston Martin.”
The company has resumed output of special vehicles, notably the DB4GT Continuation, at its Newport Pagnell facility for the first time since 2007. And construction work is continuing at the new St Athan facility in Wales, due for completion in 2019, ahead of production of the new DBX SUV.