Decline in UK car production a grave concern, says SMMT
By Victoria Johns2020-01-31T11:46:00
On the point of the UK leaving the EU, British car manufacturing was revealed to be at its lowest level since 2010, falling for a third consecutive year to 1.3m units in 2019 (-14.2%), according to figures released by the Society of Motor Manufacturers and Traders (SMMT) on Wednesday..
On the point of the UK leaving the EU, British car manufacturing was revealed to be at its lowest level since 2010, falling for a third consecutive year to 1.3m units in 2019 (-14.2%), according to figures released by the Society of Motor Manufacturers and Traders (SMMT) on Wednesday. Cars produced for domestic sale dropped 12.3 % to 247,138 units while exports also took a hit, with 1,055,997 cars manufactured for export (-14.7 %). The latest production outlook from independent analyst AutoAnalysis is no more positive for 2020, with November’s prediction of total output downgraded from 1.32m units to 1.27m.