The general view of the Land Rover cars outside the Jaguar Land Rover factory on April 7, 2025 in Halwood, England.
Richard Martin Roberts Getty Images News | Gety pictures
The production of vehicles in the UK decreased sharply for the fifth consecutive month in May, according to new numbers, as a hostility, including the American President Donald TrumpAnd the commercial car industry policy was seriously struck.
Data Published On Friday by the UK Vehicle Manufacturers and Trader Association (SMMT), I found that the sizes of new car and commercial cars production in the United Kingdom decreased by 32.8 % to 49,810 units last month.
This means that, with the exception of 2020, when the factories were closed during Covid-19s, the UK vehicles were removed since 1949 in May.
Shipping to the European Union and the United States – the two largest markets in the United Kingdom – decreased by 22.5 % and 55.4 %, respectively, last month.
SMMT said that the dramatic slowdown in car production is largely due to the change of continuous models, restructuring and the impact of definitions.
In early April, Trump outlet 25 % tariffs on all cars and auto parts that were imported in the United States – a step that pushed luxury British brands such as Aston Martin and Jaguar Land Rover Cross the shipments temporarily To the United States
In early May, however, Trump Fell Executive order to reduce the tax paid by the US -based companies on British cars to 10 % for the first 100,000 cars imported every year.
UK Prime Minister Kiir Starmer He said At a time when a car tariff will provide hundreds of millions of pounds annually to Jaguar Land Rover alone.
“While in 2025 it has been incredibly difficult to produce cars in the UK, there are beginnings of optimism for the future,” Mike Hazi, CEO of SMMT.
“The confirmed trade deals with the decisive markets, especially the United States, and a more positive relationship with the European Union, as well as government strategies in industry and trade that recognizes the decisive role that the sector plays in leading economic growth,” he said.
Car sector Recognized Like the engine in the international trade of Britain. Last year, for example, the United Kingdom export 9 billion pounds (12.36 billion dollars) of cars in the United States, which represents more than 27 % of the total UK exports.
To this year, the total vehicle production in the UK decreased by 12.9 % from 2024 to 348226 units, SMMT said. This means that the total vehicle production has decreased to its lowest level since 1953.
https://image.cnbcfm.com/api/v1/image/108164954-1751004046958-gettyimages-2208424628-rmc_3173copy.jpeg?v=1751004080&w=1920&h=1080
Source link