Article 71369 Aston Martin cuts investment plan by £300m as Trump tariffs bite

Aston Martin cuts investment plan by £300m as Trump tariffs bite

by
Jasper Jolly
from World news | The Guardian on (#71369)

Carmaker's third-quarter losses bigger than expected at 112m, with weak demand in China also a factor

Aston Martin has slashed 300m from its investment plans after the British sportscar maker reported a bigger than expected loss in the third quarter because of Donald Trump's tariffs and weak demand in China.

The carmaker said on Wednesday that losses before tax were 112m in the third quarter of 2025, a ninefold increase from 12m a year earlier.

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