Fitch Lowers Aston Martin's Ratings Amid Uncertain US Demand
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 13 2025
0mins
Source: Reuters
Fitch Ratings Downgrade: Fitch Ratings has downgraded Aston Martin's debt ratings to CCC+, citing persistent negative cash flow and uncertainty in the U.S. customer base.
Sales Decline: Aston Martin's sales have fallen 17% year-over-year, with a notable acceleration in decline quarter over quarter, raising concerns about competition and demand for luxury sports cars.
Negative Cash Flow Outlook: Fitch predicts that Aston Martin's free cash flow will remain negative until 2028, although improvements in operating profits are expected by 2026.
Impact of Tariffs: The introduction of tariffs has led to uncertainty in U.S. customer demand, prompting Aston Martin to raise prices and affecting their sales performance in the second and third quarters.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
