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The automaker has blamed a profit warning to Donald Trump's tariffs, as it urging the British authorities for more proactive support.

The company, which builds its cars in factories across England and Wales, lowered its earnings forecast on Monday, marking the second such downgrade in the current year. It now anticipates deeper losses than the previously projected £110 million shortfall.

Seeking Official Backing

Aston Martin voiced concerns with the UK government, informing investors that despite having engaged with officials on both sides, it had positive discussions directly with the US administration but needed greater initiative from UK ministers.

It urged British authorities to safeguard the needs of niche automakers such as itself, which provide thousands of jobs and add value to local economies and the wider British car industry network.

Global Trade Impact

The US President 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, in addition to an existing 2.5% levy.

During May, American and British leaders agreed to a deal to limit tariffs on one hundred thousand British-made vehicles per year to 10%. This tariff level came into force on 30th June, aligning with the final day of the company's second financial quarter.

Agreement Criticism

Nonetheless, the manufacturer expressed reservations about the trade deal, arguing that the implementation of a American duty quota system introduces further complexity and limits the company's capacity to precisely predict earnings for this financial year end and potentially quarterly from 2026 onwards.

Additional Challenges

The carmaker also pointed to reduced sales partially because of increased potential for logistical challenges, especially after a recent digital attack at a major UK automotive manufacturer.

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.

Financial Reaction

Stock in the company, traded on the London Stock Exchange, dropped by more than 11% as markets opened on Monday at the start of the week before recovering some ground to be 7 percent lower.

The group sold one thousand four hundred thirty vehicles in its third quarter, missing previous guidance of being roughly equal to the 1,641 cars delivered in the equivalent quarter the previous year.

Upcoming Initiatives

Decline in sales coincides with Aston Martin prepares to launch its Valhalla, a rear-engine supercar costing around $1 million, which it expects will boost profits. Shipments of the car are expected to start in the last quarter of its financial year, although a projection of approximately one hundred fifty deliveries in those final quarter was below earlier estimates, due to technical setbacks.

Aston Martin, well-known for its roles in the 007 movie series, has started a evaluation of its future cost and investment strategy, which it indicated would probably result in lower spending in R&D versus earlier forecasts of approximately £2 billion between its 2025 to 2029 financial years.

The company also informed investors that it does not anticipate to achieve positive free cash flow for the latter six months of its present fiscal year.

UK authorities was approached for comment.