Aston Martin sues Swiss car dealer over deposits on £2.5m supercar

Aston Martin is suing a Swiss car dealer which it claims failed to hand over customer deposits for its £2.5m Valkyrie supercar.

The luxury vehicle maker said civil proceedings had been filed against Nebula Project and that, backed by some of its customers, it was asking prosecutors to consider a criminal investigation.UK-based Aston Martin is famous for making cars driven by James Bond It said it was fully committed to customers receiving delivery of their supercars on schedule despite not having received the deposited funds.

The company added that it was on track to make its first deliveries of the Valkyrie - a limited edition supercar which uses Formula One technology - in the second half of this year.It said in future it would take deposits for"special vehicles" directly and not through a third party. Nebula had signed an agreement in 2016 to help finance the Valkyrie, which would have entitled it to potentially"significant" royalty payments as they rolled off the production line - but this has now been terminated, Aston Martin said.

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