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The automaker has attributed an earnings downgrade to Donald Trump's tariffs, while simultaneously urging the British authorities for more proactive support.

This manufacturer, which builds its cars in factories across England and Wales, revised its profit outlook on Monday, representing the another revision in the current year. It now anticipates a larger loss than the earlier estimated £110 million deficit.

Seeking Official Backing

The carmaker expressed frustration with the British leadership, telling shareholders that despite having communicated with officials from both the UK and US, it had productive talks directly with the American government but required greater initiative from UK ministers.

The company called on UK officials to safeguard the needs of niche automakers like Aston Martin, which provide numerous employment opportunities and contribute to regional finances and the wider British car industry network.

Global Trade Impact

Trump has disrupted the global economy with a trade war this year, heavily impacting the automotive industry through the introduction of a 25 percent duty on 3rd April, on top of an existing 2.5 percent charge.

During May, American and British leaders reached a agreement to limit tariffs on 100,000 UK-built cars per year to 10 percent. This rate took effect on 30th June, aligning with the last day of Aston Martin's Q2.

Trade Deal Criticism

However, Aston Martin criticised the bilateral agreement, arguing that the introduction of a US tariff quota mechanism adds further complexity and limits the group's ability to precisely predict financial performance for this financial year end and possibly quarterly from 2026 onwards.

Additional Factors

Aston Martin also cited reduced sales partially because of greater likelihood for supply chain pressures, especially following a recent cyber incident at a leading British car producer.

UK automotive sector has been rattled this year by a digital breach on Jaguar Land Rover, which prompted a manufacturing halt.

Financial Reaction

Stock in the company, listed on the London Stock Exchange, dropped by more than 11% as trading opened on Monday at the start of the week before recovering some ground to stand down 7%.

The group delivered 1,430 cars in its Q3, falling short of previous guidance of being roughly equal to the 1,641 vehicles delivered in the same period last year.

Upcoming Initiatives

The wobble in sales coincides with the manufacturer prepares to launch its flagship hypercar, a rear-engine hypercar costing around $1 million, 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 about 150 deliveries in those three months was lower than earlier estimates, reflecting technical setbacks.

The brand, well-known for its appearances in the 007 movie series, has started a evaluation of its future cost and spending plans, which it indicated would probably lead to lower spending in R&D versus earlier forecasts of approximately £2 billion between its 2025 and 2029 financial years.

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

UK authorities was approached for a statement.