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Evening Standard

National

Neil Lancefield

Luxury UK car makers hit by ‘multiple geopolitical headwinds’ – report

United Kingdom Luxury Donald Trump

Luxury car makers in the UK face challenges which ‘threaten competitiveness and growth’, according to a report (Alamy/PA) -

Luxury, high-performance and niche UK car makers face challenges which “threaten competitiveness and growth”, according to a report.

The Society of Motor Manufacturers and Traders (SMMT) said companies such as Aston Martin, McLaren and Morgan are having to cope with volatile trading conditions, decarbonisation rules and production cost pressures.

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