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- UK September car production lowest in 25 years - SMMT
UK September car production lowest in 25 years - SMMT
According to the report from the Society of Motor Manufacturers and Traders (SMMT), UK car production fell in September, with output down -5.0%, to register the worst performance for the month in 25 years. Factories turned out 114,732 cars, a decline of some 6,000 units on the same month in 2019, as companies continued to wrestle with the uncertain economic and political environment and Covid-related challenging global market conditions.
Exports declined -9.7% in September to 87,533 units – some 9,500 fewer vehicles year-on-year, as shipments to key overseas destinations, including China, the EU and US fell -1.2%, -3.3% and -30.0% respectively. Production for the UK, meanwhile, climbed 14.5%, equivalent to a rise of 3,440 vehicles, largely a result of new models that were in ‘run out’ in the same month last year.
After the first nine months of 2020, UK car production has dropped -35.9% behind 2019 levels, with 632,824 vehicles built. The latest independent outlook forecasts factories to make fewer than 885,000 cars this year – the first time volumes will have dipped below one million since 2009
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