The group deepened losses to £131.8 million (US$174 million) in the three months to the end of September, from £12.1 million in the period a year earlier.

Revenues dropped 27% to £285.2 million.

The automaker said it will review future product plans to help it reduce capital spending by £300 million over five years.

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

Automakers have been among the companies hit hardest by Trump’s tariffs onslaught as he tries to bring auto production back to the US.

Aston Martin limited imports to the US in April and May while awaiting a trade agreement between London and Washington.

It resumed shipments in June after the deal slashed tariffs on UK car exports to 10% from 27.5%, on a limit of 100,000 vehicles annually.

The company said the tariff quota mechanism “adds a further degree of complexity and limits the group’s ability to accurately forecast for this financial year end”.