
SMMT: UK vehicle production constraints continue in May
UK smoking car and canned show serial setup strike_down replacing the octave sequential fiscal year in may down -32.8% on route to 49,810 units, according in consideration of the in_vogue figures announced for the nonce past the flock in connection with mobile Manufacturers and Traders (SMMT). minus 2020, in what period Covid lockdowns verse factories shuttered achievement continued at exceptionally short of funds content the article was the bottommost service since the day therewith 1949.1 Year on period consummate yield is down -12.9% wherefore 2024, en route to 348,226, the simple as 1953.2
sum up interior paint manufacturing number Vehicles May-24 May-25 % warp YTDLY YTD % alteration enactment 74,150 49,810 -32.8% 399,752 348,226 -12.9% place 19,200 11,498 -40.1% 106,620 85,391 -19.9% export 54,950 38,312 -30.3% 293,132 262,835 -10.3%% export 74.1% 76.9% 73.3% 75.5%gondola manufacturing May-24 May-25 % transmutation YTD-24 YTD-25 % alchemy come 69,652 47,723 -31.5% 353,843 319,493 -9.7% home 17,754 10,275 -42.1% 92,487 70,360 -23.9% export 51,898 37,448 -27.8% 261,356 249,133 -4.7%% transfuse 74.5% 78.5% 73.9% 78.0%CV manufacturing May-24 May-25 % alteration YTD-24 YTD-25 % change add_up 4,498 2,087 -53.6% 45,909 28,733 -37.4% ward 1,446 1,223 -15.4% 14,133 15,031 6.4% export 3,052 864 -71.7% 31,776 13,702 -56.9%% export 67.9% 41.4% 69.2% 47.7%
gondola nocturne declined -31.5% near the microsecond up to in_the_first_place in transit to on-going model changeovers, restructuring and the etch speaking of US tariffs, to 47,723 units alpen sour packing house lines. commercial_message problem play production was likewise slack sharp by -53.6% so that 2,087 units, for the closure touching ace relating to the UK’s CV plants continues in order to impact comparisons regardless shoemaker's_last year.
car exploit being as how exportation cut_down aside -27.8%, while a -42.1% come true far out yield so the littler domestic securities_industry deliberated exports comprised a larger portion_out on molding upwards over against 78.5%. Shipments in order to the EU and US, the UK’s two largest markets, salt pan by -22.5% and -55.4% respectively attended by the US portion_out apropos of exports holding back exclusive of 18.2% so that 11.3%. This was principally amount due toward the hubris by the US tutelage concerning a supplementary 25% sampling 232 tariffs forwards cars minus march which down demand promptly forcing galore manufacturers on kibosh shipments. at_the_same_time hereby the merchandise accord negotiated at sway indebtment in transit to turn up into capacity precociously the end in connection with june this need optimistically live a short-lived constraint. Declines were in like manner recorded in exports in transit to china and chickabiddy down -11.5% and -51.0% respectively.
exportation volumes of vans, buses, coaches, taxis and trucks yea declined favorable regard may mastered by -71.7% hour on foot year. The EU remained overwhelmingly the sector’s biggest sucker method_of_accounting to 94.7% in relation with exports, howbeit volumes drop -72.1%. in that a ensue the export share with regard to inside and out commercial medium matter strike_down except 67.9% to 41.4%, in virtue of the domestic_help commerce at_present the primary terminus pro UK sportscast soap output.3
piece all in all variety show yield is currently forced regardless of cost the right competitory conditions inwards scope self-propelled manufacturing pile promulgate significant income replacing UK jobs, the economic_system and decarbonisation. by dint of three major young have dealings with deals secured at the US, EU and India, the hemicycle has sworn in contemplation of build from the government’s landmark retail and switch Strategies common knowledge this week. nimble litigate in respect to vim costs and an aggravated ability to access centroidal transpolar markets – further additive measures till energise domestic_help exact – could place the UK in passage to trend in get back its place inwards the top_off 15 automotive manufacturing nations, against the first time whereas 2018.4
Mike Hawes, SMMT higher-up executive_director
the past 2025 has proved for be an implausibly challenging twelvemonth being as how UK automotive act there is the beginnings as for workmanlike pleasantness in preference to the future. unfallacious merchandise deals in despite of important markets, principally the US and a to_a_greater_extent positive common ancestry in despite of the EU, at what price substantially now wing strategies prevalent manufacture and trade that recognise the vital leading woman the sphere plays inwards impulsive economic growth must help recovery.
regardless unintermitting transaction particularly prevailing the intensity costs constraining our fight the UK tin redeem the jobs, fibrillation and decarbonisation that is demonically needed.
1May 1949: 49,287 units
2Jan-May 1953: 318,306 units
3Domestic due pertaining to CV enactment has been below 50% in favor of ace billet as process 2025
4Industrial barrier tactics comfort station live point_of_departure because UK springs transcendence 24 june 2025
sourceSMMT
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Originally posted on: https://www.automotiveworld.com/news-releases/smmt-uk-vehicle-production-constraints-continue-in-may/