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The automaker has blamed an earnings downgrade to Donald Trump's tariffs, while simultaneously calling on the UK government for more active assistance.

This manufacturer, which builds its cars in factories across England and Wales, lowered its profit outlook on Monday, marking the second such revision this year. It now anticipates a larger loss than the earlier estimated £110 million deficit.

Seeking Government Backing

Aston Martin voiced concerns with the UK government, telling investors that while it has communicated with representatives from both the UK and US, it had positive discussions with the American government but needed more proactive support from British officials.

The company called on British authorities to safeguard the needs of small-volume manufacturers like Aston Martin, which provide numerous employment opportunities and contribute to regional finances and the wider British car industry network.

Global Trade Impact

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

During May, American and British leaders reached a deal to limit duties on one hundred thousand British-made vehicles annually to 10%. This tariff level took effect on June 30, coinciding with the final day of the company's second financial quarter.

Agreement Criticism

Nonetheless, the manufacturer criticised the trade deal, arguing that the introduction of a American duty quota system adds further complexity and limits the group's ability to accurately forecast financial performance for the current fiscal year-end and potentially each quarter starting in 2026.

Other Factors

The carmaker also cited reduced sales partially because of 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 manufacturing halt.

Financial Reaction

Shares in the company, listed on the London Stock Exchange, dropped by over 11 percent as markets opened on Monday morning before partially rebounding to be down 7%.

The group sold 1,430 cars 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 Initiatives

Decline in sales comes as Aston Martin prepares to launch its flagship hypercar, a mid-engine supercar priced at around $1 million, which it hopes will boost profits. Shipments of the vehicle are expected to start in the last quarter of its financial year, though a projection of approximately one hundred fifty units in those three months was below previous expectations, reflecting technical setbacks.

The brand, well-known for its roles in the 007 movie series, has initiated a evaluation of its upcoming expenditure and investment strategy, which it said would probably lead to reduced capital investment in R&D versus earlier forecasts of approximately £2 billion between its 2025 and 2029 financial years.

Aston Martin 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 approached for comment.