The production of vehicles in the UK reaches the lowest level in 76 years in May, when Trump’s customs tariff

Photo of author

By [email protected]


Stay in view of the free updates

Vehicle production in the United Kingdom collapsed in May to the lowest level since 1949 after it was forced by US President Donald Trump’s war of Aston Martin and other British car employees to stop their shipments to the United States.

The production of cars and cars in British plants decreased by 33 percent in May by a year to 49,810 units, and numbers from the Association of Automobile Manufacturers and merchants that were issued on Friday showed.

Production decreased for the fifth consecutive month, which represents the worst monthly performance in 76 years, with the exception of the closing of vehicle factories during Covid-19s in 2020.

Luxury British brands, including Jaguar Land Rover and Aston Martin, Hanging vehicles shipments To the United States from April after the Trump administration slapped the customs tariff on the external vehicles that were imported to the United States.

Car charges to we 55 percent fell on an annual basis in May, reducing the US share of exports from 18 percent to 11 percent. Exports to the European Union also decreased by 22.5 percent.

These American shipments are expected to resume with the course application From the American commercial deal and the United States on Monday, Trump agreed to reduce an American tariff by 27.5 percent on cars to 10 percent for the first 100,000 vehicles shipped from the United Kingdom every year.

“While 2025 it proved that it is an incredibly difficult year for cars in the United Kingdom, there is the beginning of some optimism for the future,” said Mike Hazi, CEO of SMMT, referring to the Trade Agreement and the recent disclosure of the industrial strategy in the United Kingdom, which is at energy costs of up to 25 percent.

The agreement was announced with the United States by Trump on May 8, but the CEOs of cars expressed their frustration with the speed of its implementation. A few days before the deal is valid, companies have not yet been informed of the allocation of the specified shares system.

Adrian Halmark, CEO of Aston Martin, said at the SMMT event on Tuesday. “This is the complexity and dynamism.”

Halmark still welcomes the deal, saying that British car makers were now “less worse than some European and non -European competitors.”

Even before the outbreak of the American trade war, Vehicle production in the United Kingdom It was retreating with the struggle of industry in order to achieve the targets of difficult electric car sales in the country.

Stelantis said last year that the cost of compliance with the “mandate of the emissions vehicle” to the government was partially behind its decision to close the Luton Van factory and unify its operations in the United Kingdom at the Ellesmer Port Factory in Cheshire.

Ford also blamed the mandate as it reduced 800 UK roles last year in a wider European restructuring.



https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F0556b792-6ffa-495d-ab85-bf936448d855.jpg?source=next-article&fit=scale-down&quality=highest&width=700&dpr=1

Source link

Leave a Comment