"Donald Trump's tariffs continue to pile on the pain for the global auto industry. Aston Martin shares plunged as much as 11% on Monday after the British luxury carmaker slashed its guidance, citing the impact of US tariffs. The company warned investors that it expects sales this year to decline compared to 2025, and said that its adjusted loss for the year would likely be more than £110 million, the lower end of analyst forecasts."
"The Vanquish-maker said it also faced additional macroeconomic speed bumps, including slowing demand in China's luxury car market and potential supply chain disruptions after its rival, Jaguar Land Rover, was hit by a major cyberattack. Aston Martin told investors that it was engaging with the US and UK governments to secure greater clarity on the tariffs and called for more "proactive support" from the British government."
Aston Martin cut its guidance and warned that sales this year will decline compared with 2025, and that its adjusted loss will likely exceed £110 million. Shares fell as much as 11% following the warning. The company attributed the downgrade primarily to US tariffs on imported cars, which have imposed significant costs across the global auto industry. Additional headwinds include slowing demand in China's luxury market and potential supply-chain disruption after Jaguar Land Rover's cyberattack. Aston Martin said it is engaging with US and UK governments to clarify tariffs and seek more proactive support.
Read at Business Insider
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