Shares of Aston Martin fell as much as 10% on Monday morning after the British luxury carmaker issued a fresh profit warning, citing a challenging industry outlook and uncertainties over tariffs.
The company, which is famed for both its role in the James Bond movies and its history of financial ups and downs, said it expects its 2025 total wholesale volumes to fall by a "mid-high single digit percentage" compared to last year's 6,030 units.
Aston Martin also said it no longer expects positive free cash flow generation in the second half of the year and initiated an immediate review of future cost and capital expenditure.
Analysts had expected the company to log an earnings before interest and taxes (EBIT) loss of £110 million ($147.8 million), according to estimates compiled by the company.
"The global macroeconomic environment facing the industry remains challenging," the automaker said in a release Monday. "This includes uncertainties over the economic impact from U.S. tariffs and the implementation of the quota mechanism, changes to China's ultra-luxury car taxes and the increased potential for supply chain pressures."
Shares of Aston Martin were trading around 7.6% lower at 9:15 a.m. London time (4:15 a.m. ET). The stock is down around 24% year-to-date.