NEW car UK production for 2008 is released by the SMMT today – and many are predicting them to deepen gloom.
Car Dealer will get the figures as soon as they are released, and begin pouring over what many analysts predict will make depressing reading.
While the year started well, things really did turn in the second half of 2008. Sales of some makes were down 60 per cent or more, month-by-month.
This has had clear consequences for UK new car production, with makers laying off staff and severely cutting back on car build. Pictures of stockpiled new cars are making the national press.
One dealer told Car Dealer the month of November was a ‘total disaster’.
2008’s production figures are expected to confirm the fears held by many in the industry – which is why, we’re afraid to say, we are all being prepared for the worst. Come back later today to see if those fears have been realised.
Honda halts factory for 4 months