Aston Martin Lagonda has warned of losses exceeding £110 million for 2025, reversing earlier profit forecasts.
The luxury carmaker's flagship Valhalla hypercar, a £2 million plug-in hybrid with 1,000 horsepower, is facing significant production delays.
Deliveries of the Valhalla, initially set for 2021, have been pushed back into late 2025 due to engineering tweaks, regulatory approvals, and supply chain disruptions.
Only 150 units are expected to be produced by year-end, far below projections.
The company cited US tariffs, reduced demand in China due to luxury tax changes, and macroeconomic headwinds in Asia Pacific as major challenges.
These factors have also contributed to a 13% drop in third-quarter wholesale volumes compared to last year.
Aston Martin is reviewing its spending, capital expenditures, and future model cycles, with possible job cuts and postponed programs.
Despite the setbacks, executives anticipate restoring profitability and positive cash flow in 2026, driven by expanded model ranges and increased Valhalla production.