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Large Drop In UK Car Manufacturing In May

July 22, 2020 by mti

It will probably not come as a surprise to motor traders and those involved in the motor trade industry that May 2020 saw a very large reduction in the number of new cars built here in the UK when compared with May 2019.

According to the Society of Motor Manufacturers and Traders (SMMT), in May 2020 there were 5,314 new cars manufactured in the UK whereas in May 2019 the figure was 116,035. This is a dramatic fall of 95.4%. In May 2020 there were only 1,054 new cars built for the home market whereas in May 2019 there were 22,175 – a drop of 95.2%. In May 2020 there were only 4,260 new cars built for export whereas in May 2019 the figure was 93,860 – a fall of 95.5%.

On a year to date basis to May 2020, there were 324,763 new cars built here in the UK compared to 557,295 for the same period in 2019 – a drop of 41.7%. The number of new cars built for the home market on a year to date basis to May 2020 was 65.676 compared to 114,765 for the same period last year – a reduction of 42.8%. The number of new cars built for the overseas market was 259,087 on a year to date basis to May 2020 compared to 442,530 built on a year to date basis to May 2019 – a fall of 41.5%.

You may find it interesting to note that 8 out of 10 new cars built in the UK are going to be exported. So, what areas in the world does the UK export the most cars to that it has manufactured? Well, 54.8% of new cars built in the UK are exported to European countries, 18.9% of cars built in the UK are for the USA and 5.3% are for China. The major reason why the number of new cars built in the UK has fallen is due to COVID-19. It is to be hoped that we see an improvement in these figures in the coming months.


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