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The automaker has attributed an earnings downgrade to Donald Trump's tariffs, as it urging the British authorities for greater active assistance.

The company, which builds its cars in factories across England and Wales, revised its earnings forecast on Monday, representing the second such downgrade this year. The firm expects deeper losses than the earlier estimated £110 million shortfall.

Requesting Official Backing

The carmaker voiced concerns with the British leadership, informing investors that while it has communicated with officials from both the UK and US, it had positive discussions with the American government but needed greater initiative from British officials.

The company called on UK officials to safeguard the interests of small-volume manufacturers like Aston Martin, which create thousands of jobs and add value to local economies and the broader UK automotive supply chain.

Global Trade Impact

Trump has disrupted the worldwide markets with a trade war this year, significantly affecting the car sector through the introduction of a 25% tariff on April 3, on top of an existing 2.5 percent charge.

During May, American and British leaders reached a agreement to cap duties on 100,000 British-made cars annually to 10 percent. This rate took effect on 30th June, aligning with the final day of the company's Q2.

Trade Deal Criticism

However, Aston Martin expressed reservations about the trade deal, arguing that the introduction of a American duty quota system introduces further complexity and limits the group's ability to accurately forecast earnings for the current fiscal year-end and potentially each quarter starting in 2026.

Additional Challenges

The carmaker also pointed to reduced sales partially because of greater likelihood for logistical challenges, particularly after a recent cyber incident at a major UK automotive manufacturer.

The British car industry has been rattled this year by a cyber-attack on Jaguar Land Rover, which led to a manufacturing halt.

Market Response

Shares 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 partially rebounding to be down 7%.

Aston Martin sold 1,430 vehicles in its Q3, falling short of earlier projections of being roughly equal to the one thousand six hundred forty-one cars sold in the same period last year.

Upcoming Initiatives

The wobble in demand comes as the manufacturer prepares to launch its Valhalla, a mid-engine supercar priced at approximately $1 million, which it expects will boost profits. Shipments of the car are expected to begin in the last quarter of its fiscal year, although a projection of about 150 units in those final quarter was below earlier estimates, reflecting engineering delays.

The brand, famous for its appearances in the 007 movie series, has initiated a review of its upcoming expenditure and investment strategy, which it said would probably lead to reduced spending in R&D versus previous guidance of approximately £2 billion between its 2025 and 2029 financial years.

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

The government was contacted for a statement.