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- UK car manufacturing declines for 12th month in a row in May - SMMT
UK car manufacturing declines for 12th month in a row in May - SMMT
According to the report from Society of Motor Manufacturers and Traders (SMMT), UK car production fell for the 12th month in a row in May, as output dropped 15.5%. The 21,239 fewer units were manufactured, with demand both at home and abroad falling by double-digits as softening in the UK and key global markets, and the effects of model changes, caused the negative performance to continue.
In the month, manufacturing for domestic buyers fell by -25.9%, while overseas orders were down -12.6%. Exports accounted for 80.9% of all cars made, reemphasising the importance of maintaining free and frictionless trade. In the year to date, UK car production is down -21.0% with 557,295 new models rolling off production lines – almost 150,000 fewer compared with the same point in 2018. This is due, to a certain extent, to the decision by some manufacturers to bring forward summer shutdowns to April in anticipation of the expected March date for the UK to leave the EU.
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