Reported 4 months ago
Billionaire Lawrence Stroll, the majority owner of Aston Martin, believes that the luxury automaker's stock is undervalued and that new models and the allure of Formula 1 will lead to its success. Stroll emphasized his long-term commitment to the company, projecting positive cash flow by the end of 2024 and expecting a turnaround despite a rough year for shareholders. With new vehicles like the Vantage sports car and Valhalla plug-in hybrid in the pipeline, along with Aston's successful return to Formula 1, Stroll remains optimistic about the brand's future.
Source: YAHOO