Aston Martin has cut £300m from its investment plans after the luxury carmaker reported a decline in sales in its Q3 results.

The company posteda pre-tax loss of £111.9m in the three months to 30 September, a significant fall from the £12.2m loss it posted in Q3 last year.

Aston Martin cited the impact of US trade tariffs and weak demand in China as reasons for its performance this year. The company’s year-to-date losses now total £252.7m through the first nine months, which compares to a £228.9m loss at the same stage in 2024.

As a result, Aston Martin has cut its previous five-year investment commitment from £2bn to £1.7bn, while launching a review into costs and capital expenditure.

The company warned that the introduction of a US tariff quota mechanism would add a “further degree of complexity” for UK car manufacturers and suggested it would limit Aston Martin’s ability to accurately forecast the rest of the financial year and into 2026.

“This year has been marked by significant macroeconomic headwinds, particularly the sustained impact of US tariffs and weak demand in China,” said Aston Martin chief executive, Adrian Hallmark.

“In response to these market dynamics, we have taken, and continue to take, proactive steps to strengthen our overall position. Work is underway to review our future product cycle plan with the aim of optimising costs and capital investment whilst continuing to deliver innovative, class leading products to meet customer demands and regulatory requirements.”

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