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The automaker has attributed an earnings downgrade to Donald Trump's tariffs, while simultaneously urging the British authorities for more active assistance.

The company, which builds its vehicles in factories across England and Wales, lowered its profit outlook on Monday, representing the another downgrade this year. It now anticipates deeper losses than the previously projected £110m shortfall.

Seeking Official Backing

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

The company called on UK officials to safeguard the needs of small-volume manufacturers like Aston Martin, which provide thousands of jobs and add value to local economies and the wider British car industry network.

International Commerce Impact

The US President has shaken the worldwide markets with a trade war this year, heavily impacting the automotive industry through the introduction of a 25 percent duty on 3rd April, on top of an previous 2.5% levy.

During May, American and British leaders agreed to a agreement to cap duties on one hundred thousand UK-built vehicles annually to 10%. This tariff level came into force on 30th June, aligning with the final day of the company's second financial quarter.

Trade Deal Criticism

Nonetheless, the manufacturer criticised the trade deal, stating that the implementation of a US tariff quota mechanism introduces further complexity and restricts the group's capacity to accurately forecast earnings for the current fiscal year-end and possibly each quarter starting in 2026.

Additional Factors

Aston Martin also pointed to weaker demand partly due to greater likelihood for logistical challenges, especially following a recent cyber incident at a major UK automotive manufacturer.

The British car industry has been shaken this year by a digital breach on the country's largest automotive employer, which prompted a manufacturing halt.

Market Response

Stock in the company, traded on the LSE, fell by more than 11% as trading opened on Monday at the start of the week before recovering some ground to be down 7%.

The group delivered 1,430 vehicles in its third quarter, missing earlier projections of being roughly equal to the one thousand six hundred forty-one cars sold in the equivalent quarter last year.

Future Plans

The wobble in sales comes as Aston Martin gears up to release its flagship hypercar, a mid-engine supercar costing approximately $1 million, which it hopes will boost profits. Deliveries of the car are scheduled to begin in the last quarter of its fiscal year, although a forecast of approximately one hundred fifty units in those three months was lower than previous expectations, due to technical setbacks.

The brand, well-known for its roles in the 007 movie series, has initiated a review of its future cost and investment strategy, which it said would likely result in reduced capital investment in R&D versus earlier forecasts of approximately £2 billion between its 2025 and 2029 financial years.

The company also told shareholders that it does not anticipate to generate profitable cash generation for the latter six months of its current year.

UK authorities was approached for a statement.