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UK Car Output Slumps

Mr Magnificent

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The number of cars made in the UK during March fell by 13.3% as both domestic and overseas demand for vehicles declined.

The Society of Motor Manufacturing and Traders (SMMT) said poor weather had affected production.

But it said car sales to the UK had dropped for an eighth month and double-digit falls in the home market and exports were a "considerable concern".

It said the UK must stay in the customs union to ensure "frictionless trade".

The SMMT said that cars made for the UK fell by 17.7%, while exports dropped by 11.9%.

Some car makers have announced plans to cut jobs and reduce production amid uncertainty over the UK's exit from the European Union, as well as higher tax on diesel models.

Earlier this month, Jaguar Land Rover said it would not renew the contracts of 1,000 temporary workers at two of its factories because of "continuing headwinds" affecting the car industry.

Meanwhile, Nissan said it would cut hundreds of jobs at its plant in Sunderland.

Over the first three months of the year, car production fell by 6.3% to 440,426.

Exports fell by 4% in the first quarter, while UK demand tumbled by 14.1%.

Mike Hawes, chief executive of the SMMT, said: "Following recent announcements on jobs cutbacks in the sector, it's vitally important that the industry and consumers receive greater certainty, both about future policies towards diesel and other low-emission technologies, and our post-Brexit trading relationships and customs arrangements.

"Maintaining free and friction-less trade is an absolute priority - it has been fundamental to our past success and is key to our future growth."

Source www.bbc.co.uk

Seems an almost daily report now. No doubt the UK car production m

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The motor trade has historically gone through highs and lows in approx 7 year cycles, It has done this for decades, there have been some devastating times. always seems to come back stronger tho. There really is nothing to be too concerned about.

negan you need to stop panicking about the shite the anti brexit media spout. If you wanna read the truth, do not read mainstream media. I hope that is a lesson to you, which may benefit your health, and stop you having palpitations, etc. You have ne need, you are after all, a semi retired near millionaire are you not/ Just relax, our car industry will be fine. Our chocolate industry has suffered far worse over the last decade or 2.

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I know BB.

Cars are a huge purchase for any normal family and manufacturers are doing themselves in.

It will only get worse too with fears over Brexit. Second hand cars are just much better value.

The evidence is there already with many thousands of jobs being shed by JLR, Nissan and Vauxhall to name but a few.

Not sure why The Realist bought chocolate into this but the facts and real picture are that anyone can afford a bar of chocolate, but hardly anyone can afford a new Range or Land Rover.

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