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Aston Martin cuts 2025 guidance amid US tariff impact

Aston Martin has lowered its 2025 profit forecast, citing the impact of increased U.S. tariffs and ongoing export challenges. The British luxury carmaker now expects its gross margin to remain flat at 37%, down from the previous 40% target, and warned it may post a negative adjusted EBIT this year. Second-quarter wholesale volumes fell to 972 units, down from 1,053 a year earlier. Revenue plunged 34% to 221 million pounds ($293 million), and gross profit dropped 54% to 61.4 million pounds ($81.6 million). Despite the setbacks, the company still aims to achieve positive free cash flow in H1. CEO Adrian Hallmark criticized a U.K.-U.S. trade agreement that imposes a 10% tariff on the first 100,000 British-made cars exported to the U.S., warning it favors larger automakers like Jaguar Land Rover and could squeeze out niche players.

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