AutoGear
  • Latest News
  • AutoGear TV
  • Sustainable Mobility
  • Motorsports
    • Circuits
    • Rally
    • Rally raid
    • WEC
  • English
    • Português
    • Italiano
    • Français
    • Español
    • English
    • Deutsch
    • 日本語
  • STANDINGS
No Result
View All Result
AutoGear
  • Latest News
  • AutoGear TV
  • Sustainable Mobility
  • Motorsports
    • Circuits
    • Rally
    • Rally raid
    • WEC
  • English
    • Português
    • Italiano
    • Français
    • Español
    • English
    • Deutsch
    • 日本語
  • STANDINGS
No Result
View All Result
AutoGear

Aston Martin Slashes 2024 Delivery Targets Amid Supply Chain Woes

Harry Stone by Harry Stone
November 4, 2024
in Latest News
Reading Time: 2 mins read
0
Aston Martin Slashes 2024 Delivery Targets Amid Supply Chain Woes

Aston Martin, the iconic British sports car manufacturer, has had to scale back its ambitious plans for 2024, with new CEO Adrian Hallmark acknowledging that the company will fall short of its goal to deliver 7,000 cars. Instead, Aston Martin now expects to produce 1,000 fewer vehicles due to ongoing supply chain disruptions that have impacted production across Europe.

Hallmark, who was recently appointed CEO after a successful stint at Bentley, had high hopes for the year but admitted that achieving the target would have required “near perfect execution.” Speaking to Reuters, he emphasized the need for decisive action, stating, “It has become clear that we need to adjust our production volumes for 2024.”

Despite recent successes with standout models like the DB12, DBX, and Vantage, the supply chain issues have forced the company to lower its expectations. Specific challenges, such as floods and fires affecting key suppliers, have taken a toll. For instance, severe flooding in Switzerland earlier in the year caused significant delays at a major aluminum supplier that also affected major automakers such as BMW, Jaguar Land Rover, and Porsche.

While the adjusted outlook is disappointing, Hallmark and Aston Martin remain optimistic about 2025, which is set to be a landmark year with the introduction of eagerly awaited models like the new Vanquish, Valhalla sports cars, and an updated DBX SUV.

Moreover, Aston Martin’s commitment to its internal combustion engine lineup is unwavering, with the company pushing back its EV plans, ensuring that enthusiasts can continue to enjoy petrol-powered sports cars well into the 2030s. This decision aims to appeal to the brand’s loyal fanbase, even as the automotive world shifts toward electrification.

Though supply chain challenges have temporarily set back Aston Martin’s ambitious goals, the company’s focus on strong new products and sustained innovation has set the stage for a more promising future.

Share212Tweet133Send

Related Posts

Renault e Volvo criam empresa para desenvolver furgões 100% elétricos
Latest News

“New generation of the Renault Clio set to debut in September.”

Renault has confirmed that the sixth generation of the Clio will be revealed soon, with all indications pointing to the...

by Virgilio Machado
July 25, 2025
Mitsubishi Eclipse Cross 100% elétrico chega em setembro
Latest News

Mitsubishi leaves the Chinese market with the end of the Shenyang Aerospace joint venture.

Mitsubishi Motors Corporation announced the end of its joint venture agreement with Shenyang Aerospace Mit. Engine Mfg. Ltd. (Shenyang Aerospace...

by Virgilio Machado
July 25, 2025
Gilles Vidal deixa a Renault e junta-se à Stellantis
Latest News

Gilles Vidal leaves Renault and joins Stellantis.

After five years at Renault, where he arrived under Luca de Meo, designer Gilles Vidal has just been appointed design...

by Virgilio Machado
July 25, 2025
Fábrica da Ford no Reino Unido inicia produção do motor elétrico do Puma Gen-E
Latest News

Ford wants to launch new models with combustion engines in Europe.

Ford seems to be committed to reversing the trend of phasing out many of its light passenger car models in...

by Virgilio Machado
July 25, 2025

Recent News

NASCAR Shock: Winning Driver Denied $1 Million Prize! Team Owner Takes All in Dramatic Twist

NASCAR Shock: Winning Driver Denied $1 Million Prize! Team Owner Takes All in Dramatic Twist

July 26, 2025
Chase Elliott’s Quest to Honor Father’s Legacy at Indianapolis: A Heartfelt Pursuit of Victory

Chase Elliott’s Quest to Honor Father’s Legacy at Indianapolis: A Heartfelt Pursuit of Victory

July 26, 2025
Kyle Busch’s Spectacular Downfall: Fans Abandon Hope as Redemption Story Unravels

Kyle Busch’s Spectacular Downfall: Fans Abandon Hope as Redemption Story Unravels

July 26, 2025
Toni Breidinger’s Glamour Fuels NASCAR Triumph Despite Stereotypes – Interview Unveils Truth

Toni Breidinger’s Glamour Fuels NASCAR Triumph Despite Stereotypes – Interview Unveils Truth

July 26, 2025

Newsletter

  • PRIVACY POLICY
  • TECHNICAL INFORMATION
  • EDITORIAL STATUS
  • TERMS AND CONDITIONS

© 2023 AutoGear - Todos os direitos reservados AutoGear.

No Result
View All Result
  • Latest News
  • AutoGear TV
  • Sustainable Mobility
  • Motorsports
    • Circuits
    • Rally
    • Rally raid
    • WEC
  • English
    • Português
    • Italiano
    • Français
    • Español
    • English
    • Deutsch
    • 日本語

© 2023 AutoGear - Todos os direitos reservados AutoGear.

Enable Notifications OK No thanks