Overview

• Aston Martin now guides to a loss larger than £110 million this year, with shares down roughly 10–11% on the update.
• Third‑quarter wholesale deliveries fell to 1,430 units, missing prior guidance and down from 1,641 a year earlier.
• Deliveries of the Valhalla hybrid supercar are pushed to the fourth quarter with about 150 planned, with risks tied to a US federal shutdown affecting homologation and ongoing tariff‑quota uncertainty.
• The company has launched an immediate review of costs and capital spending, signaling lower investment through 2029 versus prior guidance near £2 billion and trimming 2025 capex guidance to about £375 million from £400 million.
• Management no longer expects positive free cash flow in the second half and is engaging US and UK officials for clarity on the tariff‑quota regime while seeking more proactive support from the UK government.