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The automaker has blamed an earnings downgrade to US-imposed trade duties, while simultaneously urging the British authorities for more proactive support.

The company, which builds its vehicles in Warwickshire and south Wales, lowered its profit outlook on Monday, marking the another revision in the current year. It now anticipates a larger loss than the previously projected £110 million deficit.

Seeking Government Support

Aston Martin voiced concerns with the UK government, informing shareholders that despite having engaged with officials on both sides, it had positive discussions directly with the US administration but required more proactive support from UK ministers.

It urged UK officials to safeguard the needs of niche automakers like Aston Martin, which create numerous employment opportunities and add value to regional finances and the wider British car industry network.

Global Trade Effects

The US President has disrupted the worldwide markets with a tariff conflict this year, significantly affecting the automotive industry through the imposition of a 25 percent duty on April 3, on top of an existing 2.5% levy.

In May, the US president and Keir Starmer agreed to a deal to cap tariffs on one hundred thousand UK-built vehicles per year to 10 percent. This rate came into force on June 30, aligning with the final day of Aston Martin's second financial quarter.

Agreement Criticism

However, the manufacturer criticised the trade deal, arguing that the introduction of a American duty quota system adds additional complications and restricts the company's capacity to precisely predict financial performance for the current fiscal year-end and possibly each quarter starting in 2026.

Other Challenges

Aston Martin also pointed to weaker demand partly due to increased potential for logistical challenges, especially following a recent digital attack at a leading British car producer.

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

Market Reaction

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

The group delivered one thousand four hundred thirty cars in its third quarter, missing previous guidance of being roughly equal to the one thousand six hundred forty-one vehicles delivered in the equivalent quarter last year.

Future Plans

The wobble in sales coincides with Aston Martin gears up to release its flagship hypercar, a rear-engine supercar priced at approximately $1 million, which it expects will increase profits. Deliveries of the car are scheduled to begin in the final quarter of its financial year, though a forecast of approximately one hundred fifty deliveries in those three months was below earlier estimates, reflecting technical setbacks.

The brand, well-known for its appearances in James Bond films, has initiated a evaluation of its future cost and spending plans, which it said would likely lead to lower spending in engineering and development compared with previous guidance of about £2bn between its 2025 to 2029 fiscal years.

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

The government was contacted for a statement.