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Aston Martin has blamed a profit warning to US-imposed tariffs, while simultaneously urging the British authorities for greater proactive support.

The company, producing its cars in factories across England and Wales, revised its earnings forecast on Monday, representing the another revision in the current year. The firm expects a larger loss than the previously projected £110m shortfall.

Seeking Government Support

The carmaker voiced concerns with the UK government, informing shareholders that despite having engaged with officials from both the UK and US, it had productive talks directly with the US administration but required greater initiative from British officials.

The company called on British authorities to protect the needs of small-volume manufacturers such as itself, which provide thousands of jobs and contribute to local economies and the wider British car industry network.

International Commerce Impact

Trump has disrupted the global economy with a tariff conflict 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% levy.

In May, American and British leaders agreed to a deal to limit duties on 100,000 UK-built cars per year to 10%. This tariff level took effect on 30th June, aligning with the last day of Aston Martin's Q2.

Trade Deal Criticism

Nonetheless, the manufacturer criticised the trade deal, stating that the introduction of a American duty quota system introduces additional complications and restricts the group's ability to precisely predict earnings for the current fiscal year-end and potentially quarterly from 2026 onwards.

Other Factors

The carmaker also pointed to weaker demand partly due to greater likelihood for logistical challenges, especially following a recent digital attack at a major UK automotive manufacturer.

UK automotive sector has been rattled this year by a cyber-attack on the country's largest automotive employer, which prompted a manufacturing halt.

Financial Reaction

Shares in Aston Martin, traded on the LSE, fell by over 11 percent as markets opened on Monday morning before recovering some ground to be down 7%.

Aston Martin delivered one thousand four hundred thirty vehicles in its Q3, falling short of previous guidance of being broadly similar to the 1,641 cars delivered in the equivalent quarter last year.

Future Plans

Decline in demand coincides with the manufacturer gears up to release its flagship hypercar, a mid-engine supercar costing around $1 million, which it hopes will increase profits. Shipments of the car are scheduled to start in the last quarter of its fiscal year, although a projection of approximately one hundred fifty units in those final quarter was below earlier estimates, reflecting technical setbacks.

The brand, well-known for its appearances in the 007 movie series, has initiated a evaluation of its upcoming expenditure and investment strategy, which it said would probably result in lower capital investment in R&D compared with earlier forecasts of about £2bn between its 2025 and 2029 financial years.

Aston Martin also told shareholders that it does not anticipate to achieve profitable cash generation for the latter six months of its current year.

UK authorities was contacted for a statement.