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Aston Martin restricts exports to USA


The British carmaker Aston Martin said that the influence of the new US tariffs will distribute both the company and customers, and exports will be temporarily restricted to the United States. The company's chief executive director Adrian Holmel noted that the brand has enough storage machines to ensure the US market until early June. A decision on possible prices changes will be made in May.

In the first quarter, the company restrained losses, presenting small damage from the forecast, £ 79.8 million, which indicates the stability trends. The financial forecast of the whole year is maintained.
Analysts stressed that the abundant reserves of Aston Martin, US dealers are a great advantage than competitors, according to Retures.

Aston Martin has collected high debt and financial crisis in recent years, but is trying to provide steady growth, despite geopolitical and tariff pressure.

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