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The automaker has blamed a profit warning to US-imposed trade duties, while simultaneously urging the UK government for more proactive support.

The company, producing its cars in Warwickshire and south Wales, revised its profit outlook on Monday, marking the second such revision this year. The firm expects a larger loss than the earlier estimated £110 million shortfall.

Requesting Government Support

Aston Martin voiced concerns with the UK government, informing investors that despite having communicated with officials on both sides, it had productive talks with the American government but needed greater initiative from UK ministers.

It urged British authorities to safeguard the needs of niche automakers like Aston Martin, which provide numerous employment opportunities and contribute to local economies and the wider British car industry network.

International Commerce Impact

Trump has shaken the worldwide markets with a trade war this year, significantly affecting the automotive industry through the imposition of a 25 percent duty on April 3, in addition to an previous 2.5% levy.

In May, the US president and Keir Starmer reached a deal to limit tariffs on 100,000 UK-built vehicles per year to 10 percent. This rate came into force on June 30, aligning with the final day of the company's second financial quarter.

Agreement Criticism

However, Aston Martin criticised the trade deal, stating that the implementation of a US tariff quota mechanism adds additional complications and limits the company's ability to accurately forecast financial performance for the current fiscal year-end and possibly each quarter starting in 2026.

Other Challenges

The carmaker also pointed to reduced sales partially because of greater likelihood for supply chain pressures, especially following a recent cyber incident at a major UK automotive manufacturer.

The British car industry has been rattled this year by a digital breach on Jaguar Land Rover, which prompted a production freeze.

Financial Response

Shares in the company, listed on the London Stock Exchange, fell by more than 11% as trading opened on Monday morning before recovering some ground to stand down 7%.

Aston Martin delivered one thousand four hundred thirty vehicles in its third quarter, missing earlier projections of being roughly equal to the 1,641 vehicles sold in the same period the previous year.

Upcoming Plans

The wobble in demand coincides with the manufacturer gears up to release its Valhalla, a mid-engine hypercar priced at around £743,000, which it expects will boost earnings. Shipments of the car are scheduled to begin in the last quarter of its financial year, though a projection of about 150 units in those three months was below earlier estimates, reflecting technical setbacks.

Aston Martin, well-known for its roles in James Bond films, has started a evaluation of its upcoming expenditure and investment strategy, which it indicated would probably lead to reduced spending in engineering and development versus earlier forecasts of about £2bn between its 2025 to 2029 financial years.

The company also informed shareholders that it no longer expects to generate profitable cash generation for the latter six months of its current year.

The government was approached for comment.