Ignore September幼女视频檚 SMMT data: what matters is how quickly the sector bounces back
Commenting on the , Emily Sawicz, Director and聽Industrials Senior Analyst at 幼女视频, said: 幼女视频淭he 27.1% car production plummet in September is almost all attributable to the Jaguar Land Rover (JLR) cyber-attack, which paralysed its production for several weeks, so in many ways we can ignore the data.
幼女视频淎s JLR recovers from that incident and starts to ramp production back up again, the big question is how much vehicle manufacturing bounces back over the next couple of months.
幼女视频淲ith European manufacturers running at on average 55% capacity, there幼女视频檚 plenty of scope for growth but no real incentive for manufacturers to increase production: there幼女视频檚 still huge uncertainty and risk from tariffs, and consumer demand looks fragile and unpredictable.
幼女视频淎longside this, and worryingly for UK and European firms, Chinese manufacturers, such as BYD, MG and Xpeng are building market share and we expect that, with the USA withdrawing its federal tax credits for EVs on 30th September, even more of these vehicles will flood into the European market.
幼女视频淚n the UK it幼女视频檚 widely predicted that the Chancellor will re-instate the 5p reduction in Fuel Duty in November幼女视频檚 Budget, which would give a further boost for UK EV sales, alongside the new EV subsidy.
幼女视频淟ooking ahead, forecasts for 2026 suggest a rebound of 4.4% in UK output, ahead of the EU幼女视频檚 2.7%. With the right policy support and investment, the UK remains well positioned to take advantage of this growth opportunity and lead from the front; but 2025 will continue to be a year of adjustment rather than acceleration.幼女视频