Aston Martin has confirmed it will limit exports to the US as the luxury carmaker blamed uncertainty from Donald Trump’s US tariffs.

The company said it was monitoring events in the US and that it would also leverage the stock held by its American dealers.

Aston Martin was announcing its trading results for Q1, covering the three months to the end of March, and revealed that its performance was “in line” with guidance.

The carmaker reported a Q1 revenue of £233.9m, a 13% drop from the opening quarter last year, which it said was due to a decrease in its “specials” deliveries which impacted gross profit.

While Aston Martin acknowledged the potential ramifications on the global economy from the recently announced US tariffs, it said it was still expecting to make “significant improvements across all key financial performance metrics” in 2025, compared to last year.

In particular, the group expects to deliver a “significantly stronger” H2 performance compared with H1, primarily driven by Q4, benefiting from its Valhalla model and the contribution from “new core derivatives”, it said. Aston Martin added that this would “positively position” the company as it enters 2026.

“We are carefully monitoring the evolving US tariff situation and are currently limiting imports to the US while leveraging the stock held by our US dealers,” said Aston Martin chief executive, Adrian Hallmark.

“We remain vigilant in monitoring events and will respond to changes in the operating environment as they materialise.”

On the company’s performance in Q1, Hallmark added: “As guided, Q1 wholesale volumes were in line with the prior year and retail volumes materially outpaced wholesales, reflecting our disciplined approach to production and stock optimisation.

“Core average selling price increased by 10%, demonstrating the positive impact of our recently launched range of ultra-luxury high performance models.”

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