Fleet News

British car manufacturing down by a fifth in November

Car factory production line

British car production fell by a substantial 19.6% in November, with 129,030 units manufactured, according to figures released today by the Society of Motor Manufacturers and Traders (SMMT).

In a continuation of recent trends, weaker demand in the UK and in key European and Asian export markets was exacerbated by the ongoing impact of new regulation alongside planned model and technology changes.

While home production fell by 1.9% in the month, exports experienced a steeper 22.8% drop – falling for the fifth month in a row.

Just over 105,000 cars were exported to global markets in November, still representing some eight in every 10 cars leaving British factories.

In the year to date, more than 1.4 million cars have been built in the UK overall, an 8.2% year on year decline, with export volumes down 75,085 units and output for the domestic market down 54,143.

Mike Hawes, SMMT chief executive, said: “It’s very concerning to see demand for UK built cars decline in November, with output seriously impacted by falling business and consumer confidence in the UK allied to weakening export markets.

“With fewer than 100 days until the UK leaves the European Union, the automotive industry needs certainty and a ‘no-deal’ Brexit must be ruled out.

“Thousands of jobs in British car factories and supply chains depend on free and frictionless trade with the EU – if the country falls off a cliff-edge next March the consequences would be devastating.” 

 



Leave a comment for your chance to win £20 of John Lewis vouchers.

Every issue of Fleet News the editor picks his favourite comment from the past two weeks – get involved for your chance to appear in print and win!

Comment as guest


Login  /  Register

Comments

No comments have been made yet.

Related content

Compare costs of your company cars

Looking to acquire new vehicles? Check how much they'll cost to run with our Car Running Cost calculator.

What is your BIK car tax liability?

The Fleet News car tax calculator lets you work out tax costs for both employer and employee