Overview
- Aston Martin cut its five-year development budget to £1.7 billion and launched a review of future models to reduce costs.
- The company reported an adjusted pre-tax loss of £106.9 million for Q3, with revenue down 27% to £285.2 million and wholesale volumes down 13% to 1,430 vehicles.
- Management reduced 2025 capital expenditure guidance to about £350 million after previously flagging £375 million to £400 million.
- The group no longer expects positive free cash flow in the second half of 2025 but forecasts a material improvement in profitability and cash flow in 2026.
- Executives cited US tariff impacts, subdued demand in China and potential supply-chain pressures linked to JLR’s cyber incident, and they appealed for more proactive UK government support for small-volume manufacturers.