Aston Martin Cuts Earnings Guidance as Uncertainties Mount

By Dominic Chopping

Aston Martin said earnings would come in below expectations this year as U.S. tariffs and weaker demand in Asia-Pacific are holding back demand, prompting a review of its costs and capital-expenditure plans.

The British luxury sports-car maker said Monday that it expects adjusted earnings before interest and tax to come in below the lower end of the range of market consensus and it no longer expects positive free cash flow generation in the second half of the year.

The low end of the consensus adjusted EBIT expectations sits at a loss of 110 million pounds ($148.3 million), it said.

The downgrade is driven by weaker volumes and pressure on the gross margin per vehicle and comes after the company had already downgraded guidance over the summer. In July the automaker said it expected adjusted EBIT to improve toward breakeven this year, having previously guided for a positive figure.

The global macroeconomic environment facing the industry remains challenging, with uncertainties over the economic impact from U.S. tariffs and the implementation of the quota mechanism, it said in a statement.

Changes to China's ultra-luxury car taxes and the increased potential for supply-chain pressures are also creating uncertainty, particularly following the recent cyber incident at Jaguar Land Rover.

Write to Dominic Chopping at dominic.chopping@wsj.com

(END) Dow Jones Newswires

October 06, 2025 02:41 ET (06:41 GMT)