UK car production slows down

Posted on 19 Nov 2015 by The Manufacturer

Compared to October 2014, the production of vehicles in the UK fell by 0.7%, according to the Society of Motor Manufacturers and Traders (SMMT).

Despite the rise in exports, the blowback in domestic demand has been consistent.

SMMT figures show 148,976 cars rolled off UK production lines last month compared to 150,060 from the same period in 2014.

The report suggested that the 0.7% dip is due to the production of new models by major brands and pointed out that current figures  show 1.32m cars made so far in 2015 – the best result since 2005m and an increase of 2.8% compared to last year’s 1,28m.

Mike Hawes, chief executive, SMMT.
Mike Hawes, chief executive, SMMT.

SMMT chief executive, Mike Hawes commented: “Despite a small drop in overall output last month, the industry has delivered a robust performance so far this year, particularly in terms of exports.

“Given the slowdown we’ve seen in several key global markets in recent months, UK automotive manufacturing still remains in a strong position.”

Analysts have suggested that customers purchases may have halted due to the ongoing investigations on car emissions after the VW scandal.

The UK car manufacturing accounts for 160,000 jobs around the UK and 11.8% of goods exports.