London (CNN Business) Aston Martin shares tanked nearly 20% in London after the UK carmaker revealed that rising costs had wiped out its profits for 2018. The company on Thursday posted an annual loss of £68 million ($90 million) after being profitable in 2017. It has now plunged over 40% since its debut. Aston sold 6,441 cars last year, according to its earnings statement. The company expects to begin trial production of the DBX in the second quarter of this year, with full production commencing in the first half of 2020.

Source: CNN February 28, 2019 13:53 UTC