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Global Management Forum 2018

Aston Martin buckles up for Brexit costs

UK luxury sports car maker's chief has a logistics contingency plan

Aston Martin President Andy Palmer talks about the challenges of the luxury auto market at the Nikkei Global Management Forum on Nov. 7.

TOKYO -- British automaker Aston Martin expects the U.K.'s exit from the European Union will push up the prices of its luxury sports cars.

President and Group CEO Andy Palmer told the Nikkei Global Management Forum on Wednesday that his company might lose "a little bit" as prices rise.

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