By Islam El-Sakka
Luxury carmaker Aston Martin reported a 36% surge in third-quarter revenue to £389 million, driven by strong demand for its Valhalla plug-in hybrid supercar, while pre-tax losses narrowed to £77 million from £112 million a year earlier.
Valhalla Deliveries Accelerate
The British brand has delivered about 350 Valhalla Coupes since the start of the year through September and expects to reach roughly 500 by year-end. The model, priced from around £850,000, is the company's first plug-in hybrid mid-engine supercar and has lifted average selling prices by a quarter. Aston Martin also unveiled the Valhalla Spider variant, with deliveries slated for the second half of 2027.
Turnaround Progress
Chief Executive Adrian Hallmark said the results show tangible progress in the company's financial transformation under Chairman Lawrence Stroll. The carmaker cut up to nearly 600 jobs in February after posting larger annual losses, but now anticipates a stronger full-year performance for 2026.
External Headwinds
Aston Martin cautioned that the industry faces uncertainties from potential U.S. tariffs, changes to China's ultra-luxury vehicle taxes, and supply-chain reliance. The Middle East conflict adds further geopolitical risk, though the company said it has limited direct impact so far.
