SMMT reveals significant drop in UK car production

The Society of Motor Manufacturers and Traders (SMMT) has reported that UK car production fell by 14.4% in July.

Figures revealed that 65,478 vehicles were produced in the month, with the decline in output due predominantly to model changeovers and temporary supply chain challenges.

Electric vehicle output was down 18.6% although market share remained stable at 37.5% compared to 39.5% in the same month last year.

Production for the domestic market dropped by 5.1% while total export volumes were down 16.3% but still accounted for 80.9% of all cars produced in July.

Year-to-date, domestic production remains up 14.8% while export volumes are down 14.3%.

SMMT

Mike Hawes, SMMT chief executive, said: “Following significant growth last year, some readjustment in output was to be expected. Indeed, an ongoing degree of volatility is likely as the industry restructures to transition to zero emission vehicle production.

“As the billions already committed to new models start to deliver a return, volume growth will resume, providing we seize every opportunity to enhance our global competitiveness.

“We need investment in skills, healthy markets, cheaper green energy, and fair trade deals that help British-built vehicles reach international customers more easily, all of which should be wrapped in an over-arching industrial strategy that ensures automotive continues to be a key driver of economic growth.”

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