Market ChallengesUK results were weighed down by softness in the luxury market, EV mandates, tariff uncertainty, reduced incentives, and OEM production shifts.
Tariff ImpactThe U.S. imposed a 25% tariff on imported vehicles and parts, prompting responses like order halts and plant shutdowns from Nissan, Stellantis, Mercedes and Volkswagen, and causing overall concerns on increased pricing and supply chain disruption.