Click to Enlarge.
British car manufacturing output declined -10.6% in July, with 108,239 units produced, according to figures released by the Society of Motor Manufacturers and Traders (SMMT). This was the 14th successive month of decline as ongoing weakness in major EU and Asian markets coupled with some key model changes affected performance. Casting a pall over it all is the unresolved Brexit fiasco/crisis by the conservative government.
“Another month of decline for UK car manufacturing is a serious concern,” said Mike Hawes, SMMT Chief Executive. “The sector is overwhelmingly reliant on exports and the global headwinds are strong, with escalating trade tensions, softening demand and significant technological change. With the UK market also weak, the importance of maintaining the UK’s global competitiveness has never been more important so we need a Brexit deal – and quickly – to unlock investment and safeguard the long-term future of a sector which has recently been such an international success story.”
Click to Enlarge.
Production for export fell -14.6% in the month, although overseas demand remained the main driver of overall volumes, accounting for 8 in 10 cars built. Meanwhile, output for the domestic market rose by 10.2%, or just fewer than 2,000 units, following a steep -35.1% fall in July last year, when multiple factors, including preparation for WLTP affected output. (WLTP How Does It Work? Will it Work?)
During the year-to-date, some 774,760 cars have been made in Britain, 180,864 fewer than in the same timeframe last year and representing a fall of -18.9%. With exports accounting for the vast majority of orders, their decline is primarily responsible for the overall fall in output with overseas shipments down -20.2% since January, while year-on-year production for the UK is down -13.5%.
AutoInformed.com on:
About SMMT and the UK Automotive Industry
The Society of Motor Manufacturers and Traders (SMMT) is one of the largest trade associations in the UK. It supports the interests of the UK automotive industry at home and abroad, promoting a united position to government, stakeholders and the media.
The automotive industry is a vital part of the UK economy accounting for £82 billion in sales and £18.6 billion value added. With some 168,000 people employed directly in manufacturing and 823,000 across the wider automotive industry, it accounts for 14.4% of total UK export of goods and invests £3.75 billion each year in automotive R&D. More than 30 manufacturers build some 70 models of vehicle in the UK supported by 2,500 component providers and skilled engineers.
About Ken Zino
Ken Zino, editor and publisher of AutoInformed, is a versatile auto industry participant with global experience spanning decades in print and broadcast journalism, as well as social media. He has automobile testing, marketing, public relations and communications experience. He is past president of The International Motor Press Assn, the Detroit Press Club, founding member and first President of the Automotive Press Assn. He is a member of APA, IMPA and the Midwest Automotive Press Assn.
He also brings an historical perspective while citing their contemporary relevance of the work of legendary auto writers such as Ken Purdy, Jim Dunne or Jerry Flint, or writers such as Red Smith, Mark Twain, Thomas Jefferson – all to bring perspective to a chaotic automotive universe.
Above all, decades after he first drove a car, Zino still revels in the sound of the exhaust as the throttle is blipped during a downshift and the driver’s rush that occurs when the entry, apex and exit points of a turn are smoothly and swiftly crossed. It’s the beginning of a perfect lap.
AutoInformed has an editorial philosophy that loves transportation machines of all kinds while promoting critical thinking about the future use of cars and trucks.
Zino builds AutoInformed from his background in automotive journalism starting at Hearst Publishing in New York City on Motor and MotorTech Magazines and car testing where he reviewed hundreds of vehicles in his decade-long stint as the Detroit Bureau Chief of Road & Track magazine. Zino has also worked in Europe, and Asia – now the largest automotive market in the world with China at its center.
Brexit – UK Car Production Declines -10.6%. Exports Hit
Click to Enlarge.
British car manufacturing output declined -10.6% in July, with 108,239 units produced, according to figures released by the Society of Motor Manufacturers and Traders (SMMT). This was the 14th successive month of decline as ongoing weakness in major EU and Asian markets coupled with some key model changes affected performance. Casting a pall over it all is the unresolved Brexit fiasco/crisis by the conservative government.
“Another month of decline for UK car manufacturing is a serious concern,” said Mike Hawes, SMMT Chief Executive. “The sector is overwhelmingly reliant on exports and the global headwinds are strong, with escalating trade tensions, softening demand and significant technological change. With the UK market also weak, the importance of maintaining the UK’s global competitiveness has never been more important so we need a Brexit deal – and quickly – to unlock investment and safeguard the long-term future of a sector which has recently been such an international success story.”
Click to Enlarge.
Production for export fell -14.6% in the month, although overseas demand remained the main driver of overall volumes, accounting for 8 in 10 cars built. Meanwhile, output for the domestic market rose by 10.2%, or just fewer than 2,000 units, following a steep -35.1% fall in July last year, when multiple factors, including preparation for WLTP affected output. (WLTP How Does It Work? Will it Work?)
During the year-to-date, some 774,760 cars have been made in Britain, 180,864 fewer than in the same timeframe last year and representing a fall of -18.9%. With exports accounting for the vast majority of orders, their decline is primarily responsible for the overall fall in output with overseas shipments down -20.2% since January, while year-on-year production for the UK is down -13.5%.
AutoInformed.com on:
About SMMT and the UK Automotive Industry
The Society of Motor Manufacturers and Traders (SMMT) is one of the largest trade associations in the UK. It supports the interests of the UK automotive industry at home and abroad, promoting a united position to government, stakeholders and the media.
The automotive industry is a vital part of the UK economy accounting for £82 billion in sales and £18.6 billion value added. With some 168,000 people employed directly in manufacturing and 823,000 across the wider automotive industry, it accounts for 14.4% of total UK export of goods and invests £3.75 billion each year in automotive R&D. More than 30 manufacturers build some 70 models of vehicle in the UK supported by 2,500 component providers and skilled engineers.
About Ken Zino
Ken Zino, editor and publisher of AutoInformed, is a versatile auto industry participant with global experience spanning decades in print and broadcast journalism, as well as social media. He has automobile testing, marketing, public relations and communications experience. He is past president of The International Motor Press Assn, the Detroit Press Club, founding member and first President of the Automotive Press Assn. He is a member of APA, IMPA and the Midwest Automotive Press Assn. He also brings an historical perspective while citing their contemporary relevance of the work of legendary auto writers such as Ken Purdy, Jim Dunne or Jerry Flint, or writers such as Red Smith, Mark Twain, Thomas Jefferson – all to bring perspective to a chaotic automotive universe. Above all, decades after he first drove a car, Zino still revels in the sound of the exhaust as the throttle is blipped during a downshift and the driver’s rush that occurs when the entry, apex and exit points of a turn are smoothly and swiftly crossed. It’s the beginning of a perfect lap. AutoInformed has an editorial philosophy that loves transportation machines of all kinds while promoting critical thinking about the future use of cars and trucks. Zino builds AutoInformed from his background in automotive journalism starting at Hearst Publishing in New York City on Motor and MotorTech Magazines and car testing where he reviewed hundreds of vehicles in his decade-long stint as the Detroit Bureau Chief of Road & Track magazine. Zino has also worked in Europe, and Asia – now the largest automotive market in the world with China at its center.