Aston Martin and Lamborghini post losses as tariffs and Middle East conflict pressure luxury car sector
Luxury carmakers Aston Martin Lagonda and Lamborghini reported widened losses in the first half of 2026, attributing the deterioration to higher U.S. tariffs and geopolitical uncertainty from the Middle East conflict.
Aston Martin’s pre‑tax loss grew to £88.7 million in the second quarter, up from £61.2 million a year earlier, leaving a cumulative first‑half loss of £154.2 million. Revenue rose 38% to £628.6 million, wholesale volume increased 21% and 220 Valhalla plug‑in hybrid supercars were sold. The group secured a £550 million debt facility from HPS Investment Partners in addition to more than £600 million already provided by chairman Lawrence Stroll, and announced a further reduction of up to a fifth of its 2,800‑strong workforce.
Lamborghini’s half‑year operating profit fell to €395 million, down from €431 million a year earlier, with the operating margin slipping to 22.7% from 26.5%. Revenue grew 7.4% to €1.74 billion despite a 4.6% drop in vehicle deliveries (5,422 units). The company cited U.S. tariffs, adverse exchange‑rate movements, the Middle East conflict and a weak Chinese market as the main negative factors.
Entities: Aston Martin Lagonda · Lamborghini · Lawrence Stroll · Stephan Winkelmann
Claims
What the coverage asserts, and how well corroborated each claim is across sources.
- [● 2 SOURCES] Aston Martin recorded a total first‑half loss of £154.2 million. (Aston Martin)
- [● 3 SOURCES] Lamborghini's half‑year operating profit was €395 million in H1 2026, down from €431 million a year earlier. (Lamborghini)
- [● 2 SOURCES] Aston Martin announced job cuts amounting up to a fifth of its 2,800‑strong workforce. (Aston Martin)
- [● 2 SOURCES] Aston Martin secured a £550 million debt funding deal with HPS Investment Partners, adding to more than £600 million already provided by Lawrence Stroll. (Aston Martin)
- [● 2 SOURCES] Aston Martin's revenue rose 38% to £628.6 million in the first half of 2026. (Aston Martin)
- [● 3 SOURCES] Lamborghini's revenue grew 7.4% to €1.74 billion despite delivering 4.6% fewer vehicles (5,422 units) in H1 2026. (Lamborghini)
- [● 3 SOURCES] Lamborghini's operating margin fell to 22.7% in H1 2026 from 26.5% a year earlier. (Lamborghini)
- [● 2 SOURCES] Aston Martin's pre‑tax loss widened to £88.7 million in Q2 2026, up from £61.2 million a year earlier. (Aston Martin)