UK’s carmakers renew pleas for certainty
28/11/2019
“Global economic uncertainty and ongoing Brexit worries are impacting UK engine production, and with output down in all but two of the last 14 months, it’s a trend that’s deeply concerning,” added Mike Hawe.
UK engine manufacturing fell 6.2% in October. Six out of 10 UK-built engines are shipped overseas.
UK commercial vehicle (CV) production was stable in October, down just -0.2%, with 9,065 units manufactured. Output for overseas markets was up 9.3%, but production for the domestic market fell 8.5% in the face of weakening demand.
Mr Hawe said: “Some stability for commercial vehicle production in October is welcome, but it's far too early to tell if this will last, not least due to a fluctuating fleet buying cycles and model changeovers affecting output. Year-to-date figures paint a clearer picture, with CV output decreasing and orders at home and abroad down.”
The automotive industry accounts for £82 billion turnover and £18.6 billion value added, according to SMMT. More than 30 manufacturers build 70 models of vehicle in the UK supported by 2,500 component providers.
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