Luxury car manufacturer Aston Martin Lagonda has laid bare the significant challenge it faces in turning around its fortunes, reporting worse-than-expected losses. The prestigious brand saw its pre-tax losses widen to £88.7 million in the second quarter, an increase from £61.2 million a year ago. Although underlying operating losses for the second quarter narrowed slightly to £52 million from £57 million previously, this figure still fell short of forecasts. He added: "We expect an even stronger second half, as transformation benefits flow through and Specials deliveries continue." Aston Martin Lagonda recorded worse-than-expected losses (Aston Martin/PA)London-listed Aston Martin has been pushing forward with efforts to turn performance around under Canadian billionaire Mr Stroll.