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UK car manufacturing plummets in April
According to the report from Society of Motor Manufacturers and Traders (SMMT), British car manufacturing output plummeted by almost half in April.
70,971 cars rolled off production lines in the month, down -44.5% year on year as factory shutdowns, rescheduled to mitigate against the expected uncertainty of a 29 March Brexit, took effect in many plants across the UK.
Manufacturing for domestic and overseas markets fell -43.7% and -44.7% respectively as most volume manufacturers brought forward, and extended, production stoppages normally scheduled for the summer holiday period.
April’s dismal performance, the 11th straight month of decline, exacerbated the underlying downward trend, due largely to slowing demand in key international markets, including the EU, China and the US, as well as at home.
In the year to date, 127,240 fewer cars have been built compared with the same period in 2018 – a decline of more than a fifth (-22.4%) – with similarly large percentage falls in production for the UK and export.
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