Ford warns of Profit cuts due to disappointing sales

British car maker, Aston Martin, warned Tuesday that its profit for the year by more than 45 per cent drop. The luxury brand took off in november and is already on the bubble because of "difficult trading conditions" in the United Kingdom and Europe, and a slowdown in demand in the new Vantage model.

these negative trends have continued into december, as that is usually the best time for the 106-year-old car. In total, ran up to the volume of sales in 2019, 7 percent versus a year earlier. From the handelsperspectief was in 2019, a very disappointing year," said CEO Andy Palmer.

it is expected that the operating result (ebitda) last year to between 130 and 140 million pounds is to come, the euro is between 152 and 164 million, respectively. By 2018, the profit is still more than 247 million pounds.

The global auto industry has had a difficult year due to the decline in sales in China and the trade war on which the country of the United States of america. Also, stricter regulations on diesel vehicles, which had a negative impact.