Aston Martin cuts delivery outlook as supply snarls bite

Once touted as a peer to Ferrari, Aston has suffered a number of setbacks since its 2018 initial public offering. 

Aston has been struggling with a turnaround plan to raise output and lower debt.

Aston Martin will deliver fewer vehicles than expected this year as the luxury-car maker struggles with persistent supply-chain problems.

Aston now expects to deliver as few as 6,200 cars, down from an earlier projection of more than 6,600 units after parts shortages prevented some 400 autos from being shipped in the third quarter, the company said Wednesday. It also reported a worse-than-expected operating loss in the period.