Aston Martin shares fall 10% as luxury carmaker issues fresh profit warning on tariff turmoil

Core Viewpoint - Aston Martin is facing significant challenges, including a profit warning and a projected decline in wholesale volumes for 2025, which is expected to fall by a "mid-high single digit percentage" compared to 6,030 units in the previous year [1][2]. Company Summary - Aston Martin's shares dropped by as much as 10% following the announcement of a new profit warning, attributed to a difficult industry outlook and tariff uncertainties [2]. - The company no longer anticipates generating positive free cash flow in the second half of the year and has begun an immediate review of future costs and capital expenditures [2]. - Analysts had predicted an EBIT loss of £110 million ($147.8 million) for the company, highlighting the challenging global macroeconomic environment [3]. - The company cited uncertainties related to U.S. tariffs, changes in China's ultra-luxury car taxes, and potential supply chain pressures as contributing factors to its difficulties [3]. Industry Summary - The luxury automotive industry is currently facing a challenging macroeconomic environment, with factors such as tariff uncertainties and changes in tax regulations impacting companies like Aston Martin [3].