Car Production Falls Again in U.K.
Britain’s output of new cars slid 10% to 155,600 units last month, marking the fifth consecutive monthly decline.
Britain’s output of new cars slid 10% to 155,600 units last month, marking the fifth consecutive monthly decline.
Production of vehicles intended for domestic sales plunged 12% to 27,600 cars. Export-bound volume fell 9% to 128,000 units. The Society of Motor Manufacturers and Traders blame market turbulence, model changeovers and worries about Brexit.
Production through the first 10 months of 2018 totaled 1.31 million vehicles compared with 1.41 million in the same period last year. Results were dragged down by an 18% drop to 244,600 cars for the home market, according to SMMT.