Aston Martin’s new DBX SUV accounted for more than a quarter of the British carmaker’s 2020 sales as volumes declined by 32% in a COVID-impacted 2020.

The Gaydon-based OEM, which came under new ownership in 2020, sold a total of 4,150 retail vehicles last year across the year, with the DBX accounting for 1,171.

Its wholesale volume declined still further, falling 42% from 5,862 units to 3,394.

The result was a 37.6% dip in revenues to £611.8 million (2019: £980.5m) and an operating loss of £323m, including a £98m of "adjusting operating items, largely the impairment of capitalised R&D due to technology and cycle plan changes".

Following the challenges of 2020, however, new Aston Martin chief executive Tobias Moers delivered details of the brand’s new 'Project Horizon' strategy as its annual financial results were revealed.