UK's Aston Martin flags deeper annual loss amid US tariffs and slowing demand
Yahoo Financeยท2025-10-06 08:09
(Reuters) -Luxury carmaker Aston Martin (AML.L) on Monday warned of a deepening annual loss due to weaker than expected demand in North America and Asia Pacific and the impact of U.S. tariffs, sending shares 6% lower. The company said that its annual loss will now exceed 110 million pounds ($147.81 million), marking a sharp deterioration from July, when Aston Martin first warned that tariffs had been "extremely disruptive" and forecast adjusted operating profit would roughly break even this year compared ...