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UK Auto Manufacturing Hits 70-Year Low Amid Challenges

6/1/2025

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Summary

Story summary

U.K. auto manufacturing reached a 70-year low in April 2023, producing only 59,203 vehicles, a 15.8% decline from last year.
Contributing factors include weak demand, tariffs, and the transition to electric vehicles.
The SMMT urges immediate action to boost competitiveness and attract investment.
New trade agreements with the U.S. and E.U. present potential growth opportunities for the industry.

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Story summary

U.K. auto manufacturing reached a 70-year low in April 2023, producing only 59,203 vehicles, a 15.8% decline from last year.
Contributing factors include weak demand, tariffs, and the transition to electric vehicles.
The SMMT urges immediate action to boost competitiveness and attract investment.
New trade agreements with the U.S. and E.U. present potential growth opportunities for the industry.