UK new vehicle manufacturing declined by -11.9% to 417,232 units in the first six months of the year, according to the Society of Motor Manufacturers and Traders last week, but the foundations have been set for recovery. The decline was softened by a 6.6% increase in car production in June, although this was in comparison with last year when model … [Read more...]
UK car production slumps to 13 year low
UK car production fell -20.1% to 68,790 units last month, said the Society of Motor Manufacturers and Traders. It was the weakest January since 2009 and output was down 17,262 units against the same month last year, which itself was one of the worst Januarys on record when volumes were impacted by friction in the new post-Brexit trading arrangements, … [Read more...]
Car making in UK still sluggish
UK car production fell -41.5% in September, the third consecutive month of decline, with 67,169 cars manufactured – the worst performing September since 1982 - according to the Society of Motor Manufacturers and Traders. Output continues to be hampered by the production stoppages caused by the ongoing global shortage of semiconductors as well as the loss … [Read more...]
