Britain's automotive giant Jaguar Land Rover has dramatically cut production, contributing to the UK's manufacturing sector contraction and raising concerns about economic growth ahead of the Autumn Budget.
UK car manufacturing output nosedived in 2023, hitting a multi-decade low. Brexit trade barriers and a crippling global semiconductor shortage are blamed for the steepest annual decline in production since the 1980s.
UK new car registrations rose 8.2% in January 2024, marking a strong start to the year for the automotive industry as electric vehicle demand increases.
UK car manufacturing roared back to life in February with a 10% year-on-year increase. Driven by soaring demand for electric vehicles and robust exports, the industry signals a strong recovery, though domestic market challenges remain.
British car manufacturing sees a significant boost in April, driven by robust exports and easing supply chain issues, reports the Society of Motor Manufacturers and Traders.
New car registrations in the UK rose by 14% in February, marking the best performance since the pandemic. Electric vehicle demand slows, while hybrids gain traction.
The UK automotive sector faces a major crisis if Donald Trump imposes 100% tariffs on EU car imports, warns industry leader Mike Hawes.
The UK automotive sector urges the next government to avoid punitive tariffs like those under Trump, as Labour promises a new industrial strategy to boost manufacturing.