UK car production fell 15.3% year-on-year in October

According to Bloomberg News, on November 28, data from the Society of Motor Manufacturers and Traders (SMMT) showed that in October this year, British car production fell by 15.

3% year-on-year to 77,484 units, which has been the eighth consecutive month of decline.

Among them, the production of pure electric vehicles, plug-in hybrid vehicles and hybrid vehicles was 24,719 units.

Image source: SMMT,SMMT warns that the outlook for automakers will deteriorate further.

SMMT said independent forecaster AutoAnalysis is now lowering its forecast for UK production of sedans and light vans in 2024 and 2025 by 12% and 16% respectively.

AutoAnalysis currently expects carmakers to produce 910,805 cars and light vans in the UK this year, compared with the agency’s forecast of nearly 1.

04 million in November last year.

At the same time, AutoAnalysis predicts that UK car and van production next year will fall another 8% year-on-year to 838,665 units, compared with the agency’s forecast of 995,250 units in November last year.

Mike Hawes, CEO of SMMT, said in a statement: “This is very worrying for the UK automotive industry, as automakers are currently under tremendous pressure to invest in UK factories and new zero-emission products.

We will work with the UK government to quickly review the UK government’s regulations and ambitious UK automotive industry strategy to ensure the competitiveness of the UK automotive industry.

“, The British government this week pledged more support for the British auto industry and is negotiating with carmakers on a regulation for the sale of electric vehicles.

The British government said the rule did not achieve the expected results.

Shortly after Stellantis announced plans to close a 120-year-old van factory in the UK that makes Vauxhall, British Business Secretary Jonathan Reynolds gave in and wanted to negotiate with carmakers.

Return to the first electric network home page>,.

Link to this article: https://evcnd.com/uk-car-production-fell-15-3-year-on-year-in-october/

Like (0)
evchinaevchina
Previous November 28, 2024
Next November 28, 2024

Related Suggestion