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The Guardian - UK
The Guardian - UK
Business
Lauren Almeida

Aston Martin warns on profits amid US tariffs and seeks ‘proactive support’

Aston Martin United States Jaguar Land Rover Donald Trump United Kingdom Supply chain
Aston Martin DBX 707 as it prepares to leave the factory in Barry, Wales
Aston Martin said it expects its adjusted operating profit to end its financial year at about a loss of £110m. Photograph: Ben Birchall/PA

Aston Martin has blamed Donald Trump’s tariffs for a profit warning, as the carmaker urged the UK government to offer more “proactive support”.

The company, which manufactures its cars in factories in Warwickshire and south Wales, downgraded its profit outlook on Monday for the second time this year. It said that it now expects to make a larger loss than the £110m loss that was the lower end of its profit forecasts.

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