Aston Martin said it plans to sue a Swiss car dealer that it says withheld customer payments for its Valkyrie hypercar, the automaker said.
The company has also ended its commercial agreement with the dealer, Nebula Project, saying it would now take customer deposits directly for special vehicles such as the Valkyrie rather than involve a third party.
Aston Martin is also ending agreements with AF Cars, which runs the British carmaker’s St. Gallen dealership in Switzerland and is led by Nebula board members, saying that some cars were sold in breach of dealership agreements.
The Valkyrie is a limited-edition supercar that utilizes Formula One technology and sells for about $3 million, though the company has not listed an official price. First deliveries are on track for the second half of this year, the company said.
Aston Martin said it would work to ensure affected customers receive their Valkyrie cars as scheduled despite the company not having received all of their money.
Nebula and one of its board members, Andreas Baenziger, did not respond immediately to emailed requests for comment. Florian Kamelger, another board member, said in an email that Nebula would release a statement later on Tuesday.
“Both Aston Martin and its customers have been impacted by Nebula Project and its board members’ behavior,” Aston Martin said in a statement.
A source close to Aston Martin said the case will be filed in a Swiss court on Tuesday, though neither the source nor the company disclosed the size of damages being sought.
Aston Martin’s statement said it could face a 15 million pound ($21 million) hit to its 2021 results because of the alleged withheld payments but added that it was on course to meet financial expectations for the year.
