Aston Martin issues, the profit warning that views the effect of customs tariffs

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Aston Martin warned on Monday that profits will be less than market expectations, as the British auto manufacturer blames a shortage of global economic slowdown and US President Donald Trump’s policies.

The company expected that the total wholesale sizes for the year until December will decrease by a “percentage of one percentage of one” when compared to 6,030 units that were sold last year.

The group, which has been poorly exposed to the Trump tariff policy, expects that the modified loss before taxes and benefits will be greater than 110 million pounds, which is the lower party than the consensus of analysts.

He said he was no longer expected to generate a positive, free cash flow for the second half of the year.

Aston Martin is Exposed to To the US President’s tariff for all the imports of foreign -made vehicles because it does not make its cars in America.

The company said it started an immediate review of the future cost and capital expenditures. She also said that she will start charging the mixed Valhalla Supercar in the last quarter, although the expectations of about 150 delivery are less than its previous expectations.

This is a developing story