- UK engine manufacturing down -7.0% in February, with 235,595 units built.
- Double-digit drop in domestic output as manufacturers respond to market demand.
- Proportion of engines built for export grows, highlighting the importance of frictionless trade.
Mike Hawes, SMMT Chief Executive, said, “February’s figures reflect the uncertainty in the industry among buyers and manufacturers alike. Progress needs to be made in securing a relationship with the EU that safeguards international trade and frictionless access to overseas markets. It is shocking that manufacturers are still in the dark over what their international trading situation is going to be in just a matter of weeks.”