UK vehicle production has fallen to its lowest level since 1953, according to recent data. The slump affects both car and van manufacturing. The Society of Motor Manufacturers and Traders (SMMT), the industry's trade body, is hoping that a potential tariff agreement between the UK and the United States will boost confidence in the sector and encourage investment. The decline reflects ongoing challenges including supply chain disruptions, the transition to electric vehicle production, and broader economic uncertainties. A successful trade deal could provide a much-needed stimulus to the struggling industry.