UK automotive sector sheds over 11,000 jobs | Industry - Car News Aug 2020

INDUSTRY
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11:02 Monday 03 Aug 2020

More than 11,000 jobs have been lost in the UK automotive industry as a result of the coronavirus lockdown.

With UK vehicle production down by over -48% in the first six months of this year, and with car showrooms having been closed for almost three months, a total of 11,349 jobs have been slashed in the manufacturing and retail sector.

Despite the latest figures from the Society of Motor Manufacturers and Traders showing a gradual ramping up of production over the past month, social distancing rules and weak global demand continues to batter output on two fronts.  With nine-out-of-ten UK-built models destined for export, the desperate situation was slightly offset by the earlier re-opening of some markets in the EU and Far East.

The latest independent production forecast from the SMMT shows a revised figure for 2020 of just over 880,000 units, down by -32% for the lowest UK output total since 1957.6

More than 820,000 jobs - 168,000 of those directly in manufacturing - are reliant on the UK automotive sector, an £82 billion industry which is vital to the UK economy.

 

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