Jump to content
Sign in to follow this  
The Motorists Guide

UK car production falls 4% in October as Brexit doubt takes toll

Recommended Posts

Audi factory Latest SMMT figures reveal that the UK produced 5622 fewer cars last month than in October 2018

UK car manufacturing output fell by 4% year-on-year in October, according to figures released today by the Society of Motor Manufacturers and Traders (SMMT).

Just 134,752 cars were produced – 5622 fewer than in the same month last year. This is the 16th month of the previous 17 in which production has fallen. There was a modest rise in August only because Brexit-related factory shutdowns earlier in the year meant some usual summer shutdowns were cancelled.

smmt_diagram_1.jpg?itok=hjw5xKlF

Production for the home market dropped by 10.7% in the past month, while exports came down 2.6%. The SMMT cites fragile consumer and business confidence at home and demand problems abroad as the cause of the reductions. Model changeovers, as with the Land Rover Discovery Sport, didn’t help the situation.

Car production for the year to date is down 14.4%. A total of 1,123,926 cars have been rolled out so far, 80.5% of which have been exported to destinations including the EU, US, China and Japan.

smmt_diagram_2.jpg?itok=SKk7Up-0

SMMT boss Mike Hawes said: “Yet another month of falling car production makes these extremely worrying times for the sector. Our global competitiveness is under threat, and to safeguard it, we need to work closely with the next Government to ensure frictionless trade, free of tariffs, with regulatory alignment and continued access to talent in the future.

“This sector is export-led, already shipping cars to more than 160 countries, and in a period of unprecedented change, a close trading relationship with the EU and preferential trading with all these other markets will be essential to keep automotive in Britain.”

READ MORE

Nissan 'to review future' of Sunderland plant in case of no-deal Brexit

Brexit contingency plans have cost UK car industry £330m

Jaguar Land Rover to halt production after Brexit

View the full article

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

×
×
  • Create New...