The Society of Motor Manufacturers and Traders (SMMT) has highlighted a “failure to make back spring Brexit shutdown losses” despite a 3.3% growth in UK car manufacturing volumes during August.
Global instability compounded by fears of a ‘no deal’ Brexit have contributed to a 20.1% decline in vehicle production in the UK during the first half of 2019, the SMMT has said.
The production of cars in the UK declined by 15.5% during May as demand from domestic motorists for home-built vehicles slumped by 25.9% year-on-year, the SMMT has reported.
The UK automotive sector suffered its most severe downturn in business conditions for six-and-a-half years between April and May, according to a survey published by NatWest and IHS Markit today.
UK car manufacturing output declined by 44.5% in April as a result of factory shutdowns scheduled by manufacturers in anticipation of import difficulties resulting from a March 29 Brexit.
Honda’s confirmation of plans to close its Civic-producing Swindon factory following a three-month consultation process have been described as “a betrayal of the workforce”.
Daimler has announced bold electrification plans which will see its entire passenger car portfolio of Mercedes-Benz, Maybach and Smart vehicles become carbon-neutral by 2039.
The Society of Motor Manufacturers and Traders (SMMT) has stated that a new period of Brexit limbo has not ended the “havoc” for automotive sector as it revealed that UK vehicle production had fallen by 15.9% in Q1.
A ninth consecutive month of declining car production at UK manufacturing plants should serve as “a wake-up call” for anyone who thinks the sector could survive a ‘no deal’ Brexit, the SMMT has said.
Government may ‘review’ a £60m funding package designed to secure production of the new Nissan X-Trail at the manufacturer’s Sunderland plant after plans were revealed to build the SUV in Japan.
Car production levels at manufacturers' UK plants declined by 9.8% during October to leave the overall year-to-date decline at 6.9%, the Society of Motor Manufacturers and Traders (SMMT) has reported.
Vauxhall Motors has announced plans to reduce the employee headcount its Ellesmere Port factory by a further 241.
The Society of Motor Manufacturers and Traders (SMMT) has urged the Chancellor of the Exchequer to “stimulate the market” with his 2018 budget following September’s 16.8% decline in car production.
UK car production suffered a 12.9% decline during August as the number of vehicles produced for the home market fell by 38.8%, the SMMT has reported.
The Society of Motor Manufacturers and Traders has said that model changes and preparation for WLTP and RDE fuel economy and emissions tests were to blame for an 11% decline in UK car production during July.
Record profits have prompted Aston Martin to announce its plans to float on the London Stock Exchange later this year.
Mercedes-Benz is expected to overtake Tesla to become the market leader in electric vehicle (EV) production by 2021, according to PA Consulting.
Nissan has admitted that emissions and fuel economy data had been deliberately falsified at most of its factories in Japan.
A 5.2% uplift in UK car manufacturing outputs during April was not enough to arrest a double-digit decline in supply for the domestic market since the start of the year, the SMMT has reported.
Demand for UK-built cars saw a double-digit decline during March to leave the manufacturing sector’s Q1 output down 6.1%, the Society of Motor Manufacturers and Traders has revealed.