Aston Martin in first-quarter loss

Luxury car manufacturer Aston Martin La go nd a swung to a loss in the first quarter after it sold fewer higher priced “special” cars.

The maker of cars favoured by spy James Bond reported a £17.3 million pre-tax loss for the three months to March, down from a £2.8 m profit a year earlier. Costs relating to its initial public offering( IP O) in London last year continued to weigh down on the company’s bottom line.