Aston Martin cuts 600 jobs
Photo: Kamran Jebreili/AP

Aston Martin cuts 600 jobs after billion-dollar blow

British sports car manufacturer Aston Martin will cut one-fifth of its jobs after last year's tariff crackdown and weak demand in China.

Advertisement

The savings affect a total of 600 jobs and will save £40 million. The carmaker has faced challenges for several years but was hit hard in 2025 by Trump's tariff policy. For several months, the carmaker limited its deliveries to the US while waiting for a tariff agreement.

"Consumer demand was impacted by escalating geopolitical uncertainty and macroeconomic challenges, the most notable of which was the introduction of increased tariffs in both the US and China," CEO Adrian Hallmark said in a statement.

In this story
AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers
Was this useful?

What do you think?

Keep readingmore from Business

All