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Big Drop In UK Car Manufacturing

December 29, 2018 by Logan Biggs

In November 2018, according to data published by the Society of Motor Manufacturers and Traders (SMMT), there was a very large fall in the number of new cars manufactured here in the UK when compared to the same month last year.

Motor traders and others operating within the motor trade industry will be disappointed to read that last month there was a fall of 19.6% in the number of new cars built here in the UK when compared with November 2017. In November 2018 there were 129,030 new cars built yet in November 2017 there were 160,581. That is a significant drop of 31,551 that is most concerning news.

In November 2018, 23,809 new cars were built in the UK for the home market compared to 24,276 in November last year – a fall of 467 that equates to a drop of 1.9%. In the same periods, 105,221 new cars were built for export compared to 136,305 – a drop of 31,084 that equates to a fall of 22.8%. In November 2018, the export market made up for 81.5% of new cars built whilst in November 2017 that figure was higher at 84.9%.

In the 11 months to November 2018, 1,441,334 new cars were built in the UK whereas in the 11 months to November 2017 there were 1,570,562 – a drop of 129,228 that equates to a fall of 8.2%. In the 11 months to November 2018, 268,407 new cars were built in the UK for the home market compared to 322,550 in the same period last year – a drop of 16.8%. For the same periods, 1,172,927 new cars were built in the UK for export whereas the figure was 1,248,012 for the same period last year – a drop of 6.0%.

These figures are most concerning for many businesses here in the UK as car manufacturing impacts on so many sectors in the motor trade industry including the likes of new and used car sales, car servicing, car body repair shops, spare car parts and new tyre fitters. There is no doubt likely to be a lot of uncertainty about Brexit that impacts on the motor trade industry.

We will endeavor to continue to keep our readers updated with any relevant statistics relating to the motor trade industry in 2019 when, let us all hope that, we see a turn around in the fortunes for those in the motor trade industry.



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