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The automaker has attributed a profit warning to Donald Trump's trade duties, while simultaneously calling on the UK government for greater proactive support.

This manufacturer, which builds its cars in Warwickshire and south Wales, revised its earnings forecast on Monday, representing the another revision in the current year. The firm expects deeper losses than the previously projected £110m shortfall.

Requesting Government Support

The carmaker voiced concerns with the UK government, informing shareholders that while it has engaged with representatives from both the UK and US, it had positive discussions with the US administration but needed more proactive support from British officials.

It urged UK officials to safeguard the interests of small-volume manufacturers such as itself, which create thousands of jobs and add value to regional finances and the broader UK automotive supply chain.

Global Trade Impact

The US President has disrupted the global economy with a trade war this year, heavily impacting the car sector through the imposition of a 25 percent duty on 3rd April, in addition to an previous 2.5% levy.

During May, the US president and Keir Starmer reached a deal to limit duties on 100,000 British-made cars annually to 10 percent. This tariff level took effect on 30th June, coinciding with the last day of Aston Martin's second financial quarter.

Trade Deal Criticism

Nonetheless, the manufacturer expressed reservations about the bilateral agreement, arguing that the implementation of a US tariff quota mechanism introduces further complexity and limits the company's capacity to accurately forecast financial performance for the current fiscal year-end and possibly each quarter starting in 2026.

Other Factors

The carmaker also cited reduced sales partly due to greater likelihood for logistical challenges, particularly after a recent digital attack at a major UK automotive manufacturer.

The British car industry has been rattled this year by a digital breach on the country's largest automotive employer, which led to a production freeze.

Financial Reaction

Shares in the company, traded on the London Stock Exchange, dropped by over 11 percent as markets opened on Monday at the start of the week before partially rebounding to stand 7 percent lower.

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

Upcoming Initiatives

The wobble in sales coincides with Aston Martin gears up to release its flagship hypercar, a rear-engine hypercar costing around £743,000, which it expects will increase profits. Shipments of the vehicle are scheduled to begin in the final quarter of its financial year, though a forecast of about 150 units in those three months was below previous expectations, due to technical setbacks.

The brand, well-known for its appearances in James Bond films, has initiated a evaluation of its future cost and spending plans, which it indicated would likely result in lower capital investment in R&D compared with earlier forecasts of approximately £2 billion between its 2025 to 2029 fiscal years.

Aston Martin also informed shareholders that it no longer expects to achieve positive free cash flow for the second half of its current year.

UK authorities was approached for a statement.