Motor Trade Insurance

Number Of New Cars Built In UK Falls In 2018

January 31, 2019 by Logan Biggs

There has recently been more disappointing news for the UK car manufacturing industry with the Society of Motor Manufacturers and Traders (SMMT) publication of the figures for the number of new cars built here in the UK last year. The figures will no doubt disappoint motor traders and other sectors of the motor trade industry but may not come as much of a surprise to some of you.

In 2018, there were 1,519,440 new cars built here in the UK with this being a drop of 151,726 when compared with the figure for 2017 of 1,671,166. That is a sizeable reduction of 9.1% and is concerning.

In 2018, there were 281,832 new cars manufactured for sale here in the UK yet in 2017 the figure was 336,628. That is a large fall of 54,796 with this equating to a drop of 16.3%.

In 2018, there were 1,237,608 new cars built for sale overseas yet the figure in 2017 was 1,334,538. That is a reduction of 96,930 – again a large drop with this equating to a fall of 7.3%.

Of course, it was recently announced that Jaguar Land Rover are to get rid of 4,500 jobs with these losses mainly coming from its locations here in the UK, Presumably, one of the factors that has helped the company make such a decision is due to a reduction in the sale of its new vehicles. There has been quite a bit of bad publicity about diesel cars in the last year or two.    

The top 10 best selling cars worldwide but built in the UK in 2018 were: –

  1. Nissan Qashqai
  2. MINI
  3. Honda Civic
  4. Toyota Auris
  5. Vauxhall Astra
  6. Range Rover Sport
  7. Nissan Juke
  8. Range Rover
  9. Range Rover Velar
  10. Jaguar F Pace

It is also going to be interesting to see if Brexit has an impact upon the number of cars being manufactured here in the UK and then exported. We will endeavor to continue to keep our motor trade industry readers updated.

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