Slump in UK engine demand | Industry - Car News Jan 2019

INDUSTRY

15:58 Wednesday 02 Jan 2019

UK engine production fell by 14.2% in November, with an almost one-third slump in domestic demand largely responsible for the disappointing figures.

The new figures released by the Society of Motor Manufacturers and Traders (SMMT) revealed the fall in demand, which sees a record year end, on a low note. Overall, UK engine manufacturing has grown by 0.8% in 2018 so far. Export orders in November reflected that, up by 0.7% on the same month last year, but the number of engines produced here for the UK market plummeted by 30.5%.

Mike Hawes, SMMT Chief Executive, said, “November’s figures are the result of a range of factors, as manufacturers continue to respond to regulatory changes and adapt to model and technology changes as well as market demand. In the longer term, an ambitious Brexit deal with the European Union would make for a more positive outlook as the UK automotive sector depends on the stability provided by free and frictionless access to the European Union, our biggest market.”

 

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