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The automaker has blamed an earnings downgrade to US-imposed tariffs, while simultaneously calling on the British authorities for more active assistance.

The company, producing its cars in Warwickshire and south Wales, lowered its earnings forecast on Monday, representing the second such revision in the current year. The firm expects a larger loss than the earlier estimated £110m deficit.

Seeking Official Backing

Aston Martin expressed frustration with the UK government, telling investors that despite having communicated with representatives from both the UK and US, it had productive talks with the American government but needed greater initiative from British officials.

It urged UK officials to protect the needs of small-volume manufacturers like Aston Martin, which provide thousands of jobs and contribute to local economies and the broader UK automotive supply chain.

Global Trade Effects

Trump has shaken the worldwide markets with a tariff conflict this year, significantly affecting the car sector through the introduction of a 25 percent duty on 3rd April, on top of an previous 2.5 percent charge.

In May, the US president and Keir Starmer reached a agreement to limit duties on 100,000 British-made cars per year to 10 percent. This rate took effect on June 30, coinciding with the final day of the company's Q2.

Agreement Criticism

However, Aston Martin criticised the bilateral agreement, stating that the introduction of a American duty quota system introduces additional complications and restricts the group's capacity to accurately forecast financial performance for the current fiscal year-end and possibly each quarter starting in 2026.

Additional Factors

Aston Martin also pointed to reduced sales partly due to greater likelihood for supply chain pressures, particularly 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 led to a production freeze.

Market Reaction

Stock in Aston Martin, listed on the London Stock Exchange, fell by over 11 percent as markets opened on Monday morning before recovering some ground to be 7 percent lower.

The group sold 1,430 cars in its Q3, missing earlier projections of being roughly equal to the 1,641 cars sold in the same period the previous year.

Future Plans

Decline in demand comes as the manufacturer prepares to launch its Valhalla, a rear-engine hypercar costing approximately £743,000, which it expects will increase earnings. Shipments of the car are expected to begin in the last quarter of its financial year, though a projection of about 150 units in those three months was lower than earlier estimates, reflecting technical setbacks.

Aston Martin, famous for its roles in James Bond films, has started a review of its upcoming expenditure and investment strategy, which it indicated would likely result in reduced spending in R&D compared with earlier forecasts of about £2bn between its 2025 and 2029 financial years.

Aston Martin also told investors that it does not anticipate to achieve profitable cash generation for the second half of its current year.

UK authorities was approached for comment.