UK car production fell 8.2 percent in January as exports dropped
British car manufacturing declined to 65,249 units last month as exports to major markets fell. The SMMT still expects annual output to reach 790,000 units.
Xurve View
Xurve View
Automotive manufacturing in the United Kingdom experienced a contraction in January as output fell by 8.2% to 65,249 units. Data released by the Society of Motor Manufacturers and Traders (SMMT) indicates that the decline was primarily driven by a slowdown in international demand, with exports dropping 10.1% to 51,396 units during the first month of the year.
