UK auto production for May slumps to lowest level since 1949 as Trump tariffs hit hard

  • The U.K.'s new car and commercial vehicle production volumes fell by 32.8% to 49,810 units last month, according to the Society of Motor Manufacturers and Traders (SMMT). It means that excluding 2020, when factories were shuttered during Covid-19 lockdowns, U.K. vehicle output in May collapsed to its lowest level since 1949.