The UK car and van manufacturing sector experienced its lowest output in May since 1949, with production plummeting nearly a third, attributed to the newly imposed US tariffs and the shift to electric vehicles. According to the Society of Motor Manufacturers and Traders, vehicle production declined sharply, marking its fifth consecutive monthly decrease. While exports to the US dropped dramatically by 55%, temporary hope for recovery exists with a new trade deal reducing tariffs. Overall, the trend reflects wider struggles for UK manufacturers in an evolving market.
Britain's car and van manufacturing sector has recorded its weakest May for more than seven decades, with output falling by almost a third amid new US tariffs.
According to the Society of Motor Manufacturers and Traders, just 49,810 vehicles were built in the UK last month - the lowest May total since 1949.
Exports to the American market plummeted by 55 per cent in May, cutting the share of UK vehicle exports to the US from 18.2 per cent to 11.3 per cent.
There is hope for a modest recovery following a new UK-US trade deal that allows up to 100,000 vehicles to be exported annually.
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