Aston Martin expects U.S. tariffs to weigh on sales volumes this year and aims to raise $162 million from an investment by Executive Chair Lawrence Stroll’s Yew Tree Consortium and a sale of shares in its Formula One team.

Aston Martin will raise more than 125 million pounds ($161.9 million) through funding from its chairman and the sale of its stake in his Formula One team as it battles ballooning losses and tariffs imposed by U.

Aston Martin secures a $162 million funding boost from its chairman Lawrence Stroll to tackle mounting losses and Trump tariffs. The luxury carmaker sells part of its Formula One stake, aiming for long-term profitability despite setbacks,