UK Vehicle Production Plummets to 76-Year Low Amid Tariffs
May figures show sharp decline as US trade policies impact exports
UK vehicle production fell to its lowest level since 1949 in May, as trade tensions and tariffs imposed by the United States severely impacted the automotive sector.
Major manufacturers, including Aston Martin, were forced to halt shipments to the US, leading to a significant downturn in output.
The decline underscores the vulnerability of the UK's car industry to international trade policies and highlights the need for strategic adjustments to mitigate such external shocks.