US EditionWarwickshire car maker issues 'into the red' alert and blames Donald Trump
Aston Martin expects 2025 sales to drop nearly 10% and losses to exceed £110 million due to US tariffs, supply chain disruptions, and softer demand in North America and Asia, the company said.
- Aston Martin Lagonda, based in Warwickshire, issued a profit warning on Monday, cautioning it expects to fall into losses greater than £110 million.
- The company attributed these losses to persistent global macroeconomic challenges, including US tariff uncertainties, evolving trade quotas, China's luxury car tax changes, and intensified supply chain pressures.
- A major cyber attack at Jaguar Land Rover at the end of August triggered a month-long production halt, disrupting the UK's largest automotive supply chain.
- Aston Martin acknowledged ongoing difficulties in the worldwide economic landscape affecting the car industry, as analysts anticipated an EBIT loss of £110 million and the company’s shares dropped by up to 10%.
- Management began an immediate review of costs, and the UK government underwrote a £1.5 billion loan guarantee for JLR to stabilize payments to suppliers across a sector employing around 120,000 people.
27 Articles
27 Articles
Aston Martin shares skid 10% as luxury carmaker warns tariffs, weak demand will dent profit
Luxury carmaker Aston Martin on Monday warned of a deepening annual loss due to weaker than expected demand in North America and Asia Pacific and the impact of US tariffs, sending shares 10% lower.
Aston Martin continues to decline: the sales figures of the luxury car manufacturer are said to be below those of the previous year. Among other things, this is due to the high tariffs. The British luxury car manufacturer Aston Martin is expected to slide even deeper into the red figures this year in view of the rising tariffs.The manufacturer of the legendary vehicles of the 007 film secret agent James Bond now expects sales figures in the busi…
Aston Martin warns investors that tariff pain won't go away anytime soon
Aston Martin is known for its ultra-luxury sports cars.John Keeble/Getty ImagesAston Martin's shares plunged after the British carmaker issued another profit warning over tariffs.The luxury automaker warned investors that sales would decline and losses would increase this year.The patchwork of import levies has caused havoc across the industry and left the likes of Ford and GM with a huge bill.Donald Trump's tariffs continue to pile on the pain …
The Independent
The Independent (US)Luxury carmaker blames Trump tariffs as profits stall
The firm limited shipments to the US after Donald Trump imposed a 25 per cent tariff on car imports
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