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The automaker has blamed a profit warning to Donald Trump's tariffs, as it urging the UK government for greater proactive support.

The company, which builds its cars in factories across England and Wales, revised its earnings forecast on Monday, marking the another downgrade in the current year. The firm expects deeper losses than the earlier estimated £110m shortfall.

Seeking Official Support

Aston Martin expressed frustration with the UK government, telling investors that despite having engaged with representatives on both sides, it had productive talks with the US administration but needed greater initiative from UK ministers.

The company called on British authorities to safeguard the interests of niche automakers such as itself, which provide numerous employment opportunities and contribute to regional finances and the wider British car industry network.

International Commerce Effects

Trump has disrupted the worldwide markets with a trade war this year, heavily impacting the car sector through the introduction of a 25% tariff on 3rd April, in addition to an previous 2.5% levy.

In May, American and British leaders reached a deal to cap tariffs on one hundred thousand British-made vehicles per year to 10%. This tariff level took effect on 30th June, coinciding with the final day of the company's second financial quarter.

Agreement Concerns

Nonetheless, the manufacturer expressed reservations about the bilateral agreement, arguing that the introduction of a American duty quota system introduces additional complications and restricts the company's capacity to accurately forecast earnings for this financial year end and possibly each quarter starting in 2026.

Additional Challenges

The carmaker also cited reduced sales partly due to increased potential for logistical challenges, especially after 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 led to a manufacturing halt.

Market Response

Shares in the company, traded on the London Stock Exchange, fell by more than 11% as trading opened on Monday at the start of the week before partially rebounding to stand down 7%.

Aston Martin delivered 1,430 vehicles in its third quarter, falling short of earlier projections of being roughly equal to the one thousand six hundred forty-one vehicles delivered in the same period last year.

Future Plans

Decline in demand comes as the manufacturer gears up to release its Valhalla, a mid-engine hypercar costing around £743,000, which it expects will boost earnings. Shipments of the vehicle are scheduled to start in the last quarter of its financial year, although a forecast of approximately one hundred fifty deliveries in those three months was below previous expectations, due to engineering delays.

The brand, famous for its roles in the 007 movie series, has started a evaluation of its future cost and investment strategy, which it indicated would likely result in reduced capital investment in R&D versus earlier forecasts of about £2bn between its 2025 to 2029 fiscal years.

The company also told shareholders that it does not anticipate to achieve positive free cash flow for the second half of its present fiscal year.

The government was contacted for a statement.