Aston Martin gets $162 million funding boost to counter losses, Trump tariffs

31 March 2025, 11:57 am

1 min read

FILE PHOTO: The Aston Martin Vantage, a luxury sports car, is presented during its launch in New Delhi, India, August 29, 2024. REUTERS/Priyanshu Singh/File Photo

Reuters was more than 2 minutes ahead of rivals with the news that luxury carmaker Aston Martin would raise $162 million as it battles ballooning losses and tariffs imposed by U.S. President Donald Trump. The company’s shares soared nearly 12% after UK markets opened.