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Aston Martin has blamed a profit warning to Donald Trump's trade duties, while simultaneously calling on the UK government for greater proactive support.

This manufacturer, which builds its vehicles in Warwickshire and south Wales, lowered its profit outlook on Monday, marking the another revision in the current year. The firm expects deeper losses than the earlier estimated £110 million deficit.

Seeking Official Backing

Aston Martin voiced concerns with the UK government, telling shareholders that despite having engaged with representatives on both sides, it had productive talks with the American government but needed greater initiative from UK ministers.

It urged UK officials to protect the interests of niche automakers like Aston Martin, which provide numerous employment opportunities and contribute to local economies and the broader UK automotive supply chain.

Global Trade Effects

Trump has shaken the global economy with a tariff conflict this year, significantly affecting the car sector through the introduction of a 25 percent duty on April 3, in addition to an previous 2.5% levy.

In May, the US president and Keir Starmer agreed to a agreement to cap duties on one hundred thousand UK-built cars per year to 10%. This tariff level took effect on June 30, coinciding with the last day of Aston Martin's second financial quarter.

Trade Deal Concerns

Nonetheless, Aston Martin expressed reservations about the trade deal, arguing that the introduction of a American duty quota system introduces additional complications and limits the group's capacity to precisely predict financial performance for the current fiscal year-end and possibly quarterly from 2026 onwards.

Additional Challenges

Aston Martin also cited reduced sales partially because of increased potential for supply chain pressures, particularly following a recent cyber incident 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 Response

Stock in the company, traded on the LSE, dropped by over 11 percent as markets opened on Monday morning before recovering some ground to stand down 7%.

Aston Martin sold 1,430 vehicles in its Q3, falling short of previous guidance of being roughly equal to the 1,641 vehicles delivered in the equivalent quarter the previous year.

Upcoming Initiatives

The wobble in sales coincides with the manufacturer prepares to launch its flagship hypercar, a rear-engine hypercar priced at around $1 million, which it hopes will boost profits. Deliveries of the vehicle are expected to begin in the last quarter of its financial year, although a forecast of approximately one hundred fifty deliveries in those three months was below previous expectations, reflecting engineering delays.

Aston Martin, famous for its roles in James Bond films, has started a evaluation of its upcoming expenditure and spending plans, which it indicated would probably lead to lower spending in engineering and development versus earlier forecasts of about £2bn between its 2025 to 2029 fiscal years.

The company also told shareholders that it no longer expects to achieve profitable cash generation for the latter six months of its present fiscal year.

UK authorities was contacted for a statement.