September production figures make grim reading | Industry - Car News Nov 2020

INDUSTRY
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14:15 Monday 02 Nov 2020

A -5.0% slump in UK car production saw the sector record its worst September for a quarter-of-a-century.

New figures released today by the Society for Motor Manufacturers and Traders showed a monthly output of 114,732 cars, some 6,000 less than September 2019 and the lowest figure for the month since 1995.

Although production for the UK market grew, exports dropped by just under 10% as the UK production sector continued to endure a torrid 2020 which has seen an overall decline of more than a third so far this year.

Latest forecasts now predict that overall UK car production will be around 885,000 for the year, the first time in over a decade that the volume will dip below one million.

 

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