ISTANBUL

Aston Martin, the British luxury carmaker, saw its stock price decline by 6% on Monday after the firm cited a challenging industry outlook and tariff uncertainties in a new earnings warning.

The company said in a statement that it expects its 2025 total wholesale volumes to fall by a “mid-high single-digit percentage” compared to last year’s 6,030 units.

Additionally, Aston Martin said that it has started an immediate review of future costs and capital expenditures and no longer anticipates positive free cash flow creation in the second half of the year.

According to the firm's estimations, analysts had anticipated that the company would have an earnings before interest and taxes (EBIT) loss of £110 million ($147.8 million) in 2025.

"The global macroeconomic environment facing the industry remains challenging," Aston Martin said.

"This includes uncertainties over the economic impact from US tariffs and the implementation of the quota mechanism, changes to China's ultra-luxury car taxes, and the increased potential for supply chain pressures, particularly following the recent cyber incident at a major UK automotive manufacturer," it noted.

Aston Martin added that for UK automakers, the implementation of a US tariff quota mechanism complicated matters further and restricts the group's capacity to provide precise projections for the end of this fiscal year and, possibly, quarterly forecasts starting in 2026.