🔗 Share this article The Luxury Carmaker Announces Profit Warning Due to US Tariff Challenges and Requests Government Support Aston Martin has attributed a profit warning to Donald Trump's tariffs, as it calling on the UK government for more active assistance. This manufacturer, which builds its vehicles in factories across England and Wales, lowered its profit outlook on Monday, representing the another revision this year. It now anticipates deeper losses than the earlier estimated £110m deficit. Requesting Official Backing Aston Martin expressed frustration with the British leadership, informing investors that while it has communicated with representatives from both the UK and US, it had productive talks directly with the US administration but required more proactive support from British officials. The company called on British authorities to safeguard the needs of niche automakers such as itself, which provide thousands of jobs and contribute to local economies and the broader UK automotive supply chain. International Commerce Effects Trump has shaken the global economy with a tariff conflict this year, significantly affecting the automotive industry through the introduction of a 25% tariff on 3rd April, on top of an existing 2.5 percent charge. During May, the US president and Keir Starmer reached a deal to cap tariffs on 100,000 British-made cars per year to 10 percent. This tariff level came into force on 30th June, coinciding with the last day of the company's second financial quarter. Agreement Concerns Nonetheless, the manufacturer criticised the bilateral agreement, stating that the implementation of a US tariff quota mechanism adds further complexity and restricts the company's ability to accurately forecast earnings for the current fiscal year-end and possibly quarterly from 2026 onwards. Other Factors The carmaker also cited weaker demand partly due to increased potential for supply chain pressures, especially following a recent digital attack at a leading British car producer. The British car industry has been shaken this year by a cyber-attack on the country's largest automotive employer, which prompted a production freeze. Financial Response Stock in Aston Martin, traded on the London Stock Exchange, fell by more than 11% as markets opened on Monday morning before recovering some ground to be down 7%. Aston Martin delivered one thousand four hundred thirty vehicles in its Q3, falling short of earlier projections of being roughly equal to the 1,641 cars sold in the same period last year. Upcoming Plans Decline in sales coincides with the manufacturer prepares to launch its Valhalla, a rear-engine supercar priced at around £743,000, which it hopes will boost earnings. Shipments of the vehicle are expected to start in the final quarter of its fiscal year, although a forecast of approximately one hundred fifty units in those final quarter was below previous expectations, due to technical setbacks. Aston Martin, well-known for its roles in James Bond films, has started a review of its upcoming expenditure and investment strategy, which it indicated would probably lead to reduced capital investment in R&D compared with previous guidance of approximately £2 billion between its 2025 and 2029 financial years. Aston Martin also told investors that it no longer expects to generate positive free cash flow for the second half of its present fiscal year. The government was approached for comment.