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UK - Flash report, Automotive production volume, 2023
n was up 10.7% to 365,401 units, commercial vehicle was up 14.3% to 46,927 units.Mike Hawes, CEO of SMMT said "Another month of growth for UK car production is good news and a sign that, despite challenging economic conditions, the industry’s foundations are strong. But with weak GDP growth, high inflation and rising interest rates, it’s crucial that UK car factories stay globally competitive. All political parties must recognise the strategi...
Automotive Production Data Updated at: 2024/03/01
UK - Flash report, Automotive production volume, 2021
igures, underscoring the severity of situation facing the automotive industry. Covid is impacting supply chains massively, causing global shortages – especially of semiconductors – which is likely to affect the sector throughout next year. With an increasingly negative economic backdrop, rising inflation and Covid resurgent home and abroad, the circumstances are the toughest in decades. With output massively down for the past five months and ...
Automotive Production Data Updated at: 2022/02/28