Car Production In The UK In August Fell By 44.6%
Car production in the UK in August fell by 44.6%, in annual terms, to 51 thousand cars, according to data from the British Society of Motor Manufacturers and Traders (SMMT).
Production of cars for the domestic market in the reporting month decreased by 58.3%, to 7.8 thousand cars, and vehicles sent for export — by 41.1% to 43.2 thousand.
Since the beginning of the year, the volume of car production in the country has fallen by 40.2% and amounted to 518.1 thousand cars. For the domestic market, 93.6 thousand vehicles were produced, which is 46% less than a year ago, and for exports — 424.5 thousand, an annual decrease of 38.8%.
"The ongoing coronavirus crisis is slowing efforts to increase production amid weak demand abroad, coupled with large domestic losses," SMMT Chief Executive Mike Hawes said in the release.
In June, the SMMT predicted that car production in the UK would not reach 1 million for the entire current year.
On March 11, the World Health Organization declared the outbreak of the new COVID-19 coronavirus infection a pandemic.
UK car production declined -44.6% in August, according to figures released today by the Society of Motor Manufacturers and Traders (SMMT). Just 51,039 units rolled off factory lines as efforts to ramp up production stalled amid the coronavirus crisis, with weak demand in key overseas markets compounded by a significant fall in output for UK buyers. The performance also reflects an unusually strong August in 2019, when some plants worked through the customary summer maintenance shutdown period, instead pausing in April to mitigate the then possible ‘no deal’ Brexit on 31 March.