SMMT News UK Manufacturing

Car production slows amid global economic uncertainty

20 November 2014 #SMMT News #UK Manufacturing
  • UK car manufacturing fell 6.7% in October to 150,060 units, leaving year-to-date volumes flat (down 0.3%).
  • Global economic uncertainty affecting demand, but outlook is still positive with all-time record production levels expected within the next few years.
  • Around 80% of UK-built cars are exported, with the diverse product mix giving a 50/50 split between EU and non-EU exports.

 

“The UK’s car manufacturing industry is still in a strong position in spite of the growing uncertainty surrounding the global economy,” said Mike Hawes, SMMT Chief Executive. “Billions of pounds have been invested into UK facilities in the past two years, with several new models starting production this year and more in the pipeline. There is still demand for UK-built products given their reputation for quality, design and engineering excellence.”

 

Car table 1

 

Car output – rolling year total

Car chart 1

Car output – January-October totals

Car table 2

Click through to download the UK car manufacturing news release for October 2014.

 

Filter News

Update Newsletter