Aston Martin shares fell around 10% on Monday following a fresh profit warning from the British carmaker, attributing it to a challenging industry outlook and uncertainties over tariffs.
The company, which is best known for its role in the James Bond movies and history of financial ups and downs, said it expects 2025 wholesale volumes to fall by a “mid-high single digit percentage” compared to last year’s 6,030.
The carmaker also no longer expects positive free cash flow generation in the second half of the year and will initiate an immediate review of future costs and capital expenditure.
The company now expects to log an earnings before interest and taxes (EBIT) loss of US$147.8 million.
“The global macroeconomic environment facing the industry remains challenging,” the automaker said in a release.
“This includes uncertainties over the economic impact from U.S. tariffs and the implementation of the quota mechanism, changes to China’s ultra-luxury car taxes and the increased potential for supply chain pressures.”
In May, the U.S. imposed 25% tariffs on more than $460 billion worth of annual vehicle and auto parts imports.
Following this, U.S President Donald Trump and UK Prime Minister Keir Starmer agreed to a deal to limit tariffs on 100,000 British-made cars to 10%.
This came into effect on 30 June, which was the final date of Aston Martin’s second financial quarter.
A UK government spokesperson said they are working with the industry so they can ensure the UK can remain a top destination for investment in automotive manufacturing.
“Our automotive sector is hugely important to our economy and was a real priority in our landmark trade deal with the U.S. We remain the only country to have a tariff rate as low as 10% for cars, protecting thousands of jobs in the sector,” they said.
The drop in Aston Martin demand comes as the company prepares to launch its $1 million Valhalla, which it hopes will drive up profits.
