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The automaker has blamed an earnings downgrade to US-imposed tariffs, as it calling on the UK government for more active assistance.

The company, producing its vehicles in Warwickshire and south Wales, revised its profit outlook on Monday, marking the second such downgrade in the current year. It now anticipates deeper losses than the earlier estimated £110m deficit.

Requesting Official Support

The carmaker voiced concerns with the UK government, informing shareholders that while it has engaged with officials on both sides, it had productive talks directly with the US administration but required more proactive support from British officials.

The company called on UK officials to protect the interests of small-volume manufacturers like Aston Martin, which provide numerous employment opportunities and contribute to regional finances and the broader UK automotive supply chain.

Global Trade Effects

The US President has shaken the worldwide markets with a tariff conflict this year, significantly affecting the car sector through the imposition of a 25 percent duty on 3rd April, in addition to an previous 2.5 percent charge.

In May, the US president and Keir Starmer agreed to a deal to limit tariffs on 100,000 UK-built vehicles annually to 10%. This rate came into force on 30th June, coinciding with the last day of the company's Q2.

Trade Deal Concerns

However, Aston Martin expressed reservations about the trade deal, arguing that the implementation of a American duty quota system introduces additional complications and limits the group's ability to precisely predict earnings for the current fiscal year-end and potentially quarterly from 2026 onwards.

Additional Challenges

The carmaker also cited weaker demand partially because of greater likelihood for logistical challenges, especially following a recent digital attack at a major UK automotive manufacturer.

The British car industry has been rattled this year by a cyber-attack on the country's largest automotive employer, which prompted a manufacturing halt.

Financial Reaction

Shares in the company, listed on the LSE, fell by more than 11% as markets opened on Monday morning before recovering some ground to be down 7%.

Aston Martin delivered 1,430 vehicles in its third quarter, missing previous guidance of being roughly equal to the one thousand six hundred forty-one vehicles sold in the same period the previous year.

Future Plans

The wobble in sales coincides with the manufacturer prepares to launch its flagship hypercar, a mid-engine hypercar priced at around $1 million, which it expects will increase profits. Shipments of the car are scheduled to begin in the last quarter of its fiscal year, though a projection of approximately one hundred fifty deliveries in those final quarter was lower than previous expectations, due to technical setbacks.

The brand, well-known for its roles in James Bond films, has started a review of its upcoming expenditure and investment strategy, which it said would probably lead to reduced capital investment in engineering and development versus previous guidance of approximately £2 billion between its 2025 and 2029 fiscal years.

Aston Martin also told shareholders that it no longer expects to achieve positive free cash flow for the latter six months of its present fiscal year.

The government was contacted for a statement.