UK car production decrease 9.8% to 142,994 units in May

On June 29, the Society of Motor Manufacturers and Traders (SMMT) announced that the number of UK car production for May decreased 9.8% over the previous year to 142,994 units. Passenger car production was down 9.7% to 136,119 units and commercial vehicle production was down 11.3% to 6,875 units year over year(y/y). Production of engines was up by 5.5% to 230,606 units.
Vehicle exports fell 8.3% (y/y) to 113,963 units and domestic sales declined 15.3% (y/y) to 29,031 units. The percentage of export was 79.7%.
In the first five months of 2017, total vehicle production decreased 1.6% (y/y) to 766,213 units. The passenger car production was down 1.2% to 729,755 units, commercial vehicle was down 8.7% to 36,458 units and engines were up 4.9% to 1,172,934 units.
Mike Hawes, CEO of SMMT said "After a record start to the year, car production in the UK has slowed as production lines gear up for a range of new models. Global demand is strong and exports remain the driving force for British car production volumes in the UK. Maintaining our current open trade links with Europe, our biggest market, and further developing global markets is vital for this sector."

(SMMT press releases on June 29, 2017) 1 / 2 / 3