US Edition
Aston Martin limits US exports, mulls pricing adjustment to offset tariff hit
- Aston Martin Lagonda, the British luxury automaker, plans to reduce the number of vehicles sent to the U.S. In 2025 in response to new American tariff regulations.
- This action follows US President Donald Trump's imposition of 25-percent tariffs on car imports aimed at boosting domestic auto production.
- The company manufactures cars in the UK, sells about a third in the US, reported a 13 percent revenue drop in Q1 2025, and cut losses to £79.6 million.
- CEO Adrian Hallmark stated that the company is keeping a close watch on changes to US tariffs and has reduced shipments to the US market while making use of inventory available through American dealerships.
- Aston Martin maintained its 2025 guidance but faces ongoing uncertainty from tariffs and is implementing a turnaround plan including workforce cuts and asset sales.
49 Articles
49 Articles
Aston Martin limits car exports to United States and considers future plans in response to Trump tariffs
Aston Martin limits car exports to United States and considers future plans in response to Trump tariffs - Luxury carmaker Aston Martin will split the costs of US tariffs between the company and its customers, Chief Executive Adrian Hallmark has announced
Aston Martin says it's limiting imports of its ultra-luxury British supercars due to tariffs
Aston Martin sells supercars such as the $523,000 Vanquish.Martyn Lucy/Getty ImagesAston Martin is the latest carmaker to be hit by the wave of disruption caused by Trump's car tariffs.The luxury British carmaker said it was limiting imports to the US due to the tariffs.Aston Martin also warned it may have to pass on some of the tariff cost to buyers of its $250,000-plus supercars.Aston Martin is limiting imports of its luxury vehicles to the US…
Aston Martin limits US exports, mulls pricing adjustment to offset tariff hit
Aston Martin will split the costs resulting from U.S. tariffs between the company and its customers, and will sell down its U.S. inventory while limiting shipments there, the luxury carmaker's chief executive said on Wednesday.
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