British car production plunges to its lowest level in more than four decades - as automakers struggle to deal with falling demand
3 months ago

British car production plunges to its lowest level in more than four decades - as automakers struggle to deal with falling demand

Daily Mail  

British car production has plunged to its lowest level in more than 40 years as automakers struggle to deal with falling demand. Around 64,216 new cars rolled off UK production lines last month, down 30 per cent from last year, according to industry body the Society of Motor Manufacturers and Traders. So far this year, car production is down nearly 13 per cent on 2023 at 734,562 vehicles.‘These figures offer little Christmas cheer for the sector. Around 64,216 new cars rolled off UK production lines last month, down 30 per cent from last year So far this year, car production is down nearly 13 per cent on 2023 at 734,562 vehicles Electric cars must make up at least 22 per cent of sales for car makers this year, a figure that will rise to 80 per cent by 2030 He added: ‘Government can help by supporting consumers in the transition, fast tracking its Industrial Strategy for advanced manufacturing and, most urgently, reviewing the market regulation which is putting enormous strain on the sector.’ The bleak data comes as British carmakers have raised the alarm about the state of the industry.Last month, car giant Stellantis announced plans to shut down its van-making factory in Luton putting 1,100 jobs at risk. Electric cars must make up at least 22 per cent of sales for car makers this year, a figure that will rise to 80 per cent by 2030.

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