Aston Martin limits US exports, mulls pricing adjustment to offset tariff hit
- Aston Martin Lagonda, the British luxury automaker, plans to reduce its vehicle exports to the U.S. In 2025 in response to the impact of American tariffs.
- This move responds directly to US President Donald Trump's 25-percent tariffs on imported vehicles aimed at reviving domestic auto production.
- The company manufactures cars in the UK, generates about a third of sales in the US, and is facing wider sector uncertainty amid falling sales and financial challenges.
- Aston Martin reported a 13-percent decline in revenue to £233.9 million in Q1 2025 and reduced its losses to £79.6 million, with CEO Adrian Hallmark noting that the company is closely observing changes related to US tariffs while limiting shipments to the American market.
- The company maintains its annual guidance while pursuing a financial turnaround including workforce cuts and asset sales, but tariff ramifications and sector uncertainty remain significant.
48 Articles
48 Articles
Aston Martin limits car exports to United States and considers future plans in response to Trump tariffs
Aston Martin limits car exports to United States and considers future plans in response to Trump tariffs - Luxury carmaker Aston Martin will split the costs of US tariffs between the company and its customers, Chief Executive Adrian Hallmark has announced
Aston Martin says it's limiting imports of its ultra-luxury British supercars due to tariffs
Aston Martin sells supercars such as the $523,000 Vanquish.Martyn Lucy/Getty ImagesAston Martin is the latest carmaker to be hit by the wave of disruption caused by Trump's car tariffs.The luxury British carmaker said it was limiting imports to the US due to the tariffs.Aston Martin also warned it may have to pass on some of the tariff cost to buyers of its $250,000-plus supercars.Aston Martin is limiting imports of its luxury vehicles to the US…
Aston Martin limits US exports, mulls pricing adjustment to offset tariff hit
Aston Martin will split the costs resulting from U.S. tariffs between the company and its customers, and will sell down its U.S. inventory while limiting shipments there, the luxury carmaker's chief executive said on Wednesday.
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