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Aston Martin has blamed an earnings downgrade to Donald Trump's trade duties, while simultaneously urging the British authorities for greater active assistance.

The company, which builds its vehicles in Warwickshire and south Wales, revised its profit outlook on Monday, marking the another downgrade in the current year. It now anticipates deeper losses than the previously projected £110 million shortfall.

Seeking Government Support

The carmaker expressed frustration with the British leadership, telling investors that despite having communicated with representatives on both sides, it had productive talks with the American government but required more proactive support from UK ministers.

It urged British authorities to safeguard the interests of small-volume manufacturers like Aston Martin, which provide thousands of jobs and add value to regional finances and the broader UK automotive supply chain.

Global Trade Impact

Trump has disrupted the worldwide markets with a trade war this year, heavily impacting the automotive industry through the imposition of a 25 percent duty on April 3, on top of an existing 2.5 percent charge.

In May, American and British leaders agreed to a agreement to limit duties on one hundred thousand UK-built vehicles annually to 10 percent. This tariff level came into force on June 30, coinciding with the final day of Aston Martin's Q2.

Agreement Criticism

Nonetheless, the manufacturer expressed reservations about the bilateral agreement, arguing that the introduction of a US tariff quota mechanism introduces additional complications and restricts the company's ability to accurately forecast earnings for this financial year end and possibly each quarter starting in 2026.

Other Challenges

The carmaker also pointed to weaker demand partly due to greater likelihood for supply chain pressures, particularly following a recent digital attack at a major UK automotive manufacturer.

UK automotive sector has been shaken this year by a digital breach on the country's largest automotive employer, which prompted a manufacturing halt.

Market Response

Shares in the company, listed on the London Stock Exchange, fell by more than 11% as markets 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 Q3, missing previous guidance of being roughly equal to the one thousand six hundred forty-one cars sold in the same period last year.

Future Plans

Decline in sales coincides with Aston Martin gears up to release its Valhalla, a mid-engine hypercar costing around £743,000, which it expects will boost earnings. Shipments of the vehicle are scheduled to begin in the final quarter of its financial year, though a forecast of about 150 units in those final quarter was below previous expectations, reflecting technical setbacks.

Aston Martin, famous for its appearances in the 007 movie series, has initiated a review of its future cost and spending plans, which it indicated would probably lead to lower capital investment in R&D versus earlier forecasts of about £2bn between its 2025 to 2029 fiscal years.

Aston Martin also told investors that it no longer expects to achieve positive free cash flow for the latter six months of its present fiscal year.

The government was approached for a statement.