• Car Dealer Plus
No Result
View All Result
  • Latest
  • Used Cars
  • Live
  • Forum
  • Power 2020
  • Used Car Awards
  • CDX
  • Knowledge
  • Suppliers Guide
  • About Us
  • Latest Issue
  • Top 100
  • CD Plus
  • Latest
  • Used Cars
  • Live
  • Forum
  • Power 2020
  • Used Car Awards
  • CDX
  • Knowledge
  • Suppliers Guide
  • About Us
  • Latest Issue
  • Top 100
  • CD Plus
No Result
View All Result

UK car production fell 44 per cent in August

James Batchelor by James Batchelor
September 28, 2020
0
Home News

Car production in the UK continues to fall new data from the Society of Motor Manufacturers and Traders (SMMT) reveals, with the body saying the need for government support for the industry is now ‘critical’.

Just over 51,000 vehicles rolled off factory lines in August, down by 44.6 per cent on the same month last year.

The ongoing coronavirus crisis is stalling efforts to ramp up output with weak demand overseas compounded by heavy domestic losses, said the SMMT.

Production so far this year down by 40.2 per cent with a loss of 348,821 units worth more than £9.5bn to UK car makers

The slump is highlighted by an unusually strong August in 2019, when some car plants worked through the customary summer maintenance shutdown period to mitigate the then possible no-deal Brexit in March.

Production for UK buyers fell by 58 per cent in the month to just 7,795 units, while exports declined by 41 per cent with 73,443 vehicles produced.

Almost 85 per cent of all cars built in Britain in August were destined for other countries, underlining the importance to the sector and UK economy, said the SMMT.

The SMMT said support for the industry was now ‘critical’ as the UK braces for a second wave of coronavirus.

Mike Hawes, SMMT chief executive, said: ‘These are increasingly disturbing times for UK car makers and suppliers with the coronavirus crisis weighing heavily on the sector.

‘Companies are bracing for a second wave with tighter social and business restrictions making the industry’s attempts to restart even more challenging.

‘The UK industry is fundamentally strong and agile, and the measures announced yesterday by the Chancellor are welcome and essential, although we await more details of how they will work for all businesses and crucially large manufacturers.

‘Moreover, with fewer than 100 days until the Brexit transition period ends, we need urgent agreement of an ambitious free trade deal with our largest market to avoid the second shock of crippling tariffs.’

Car industry bosses disagree on whether government support is needed to incentivise new car sales

  • NEW Car Dealer Mag issue 151 out now – Read it here
  • Have you nominated yourself for a Used Car Award? – Do it here
  • Join our breaking news WhatsApp group – Click here to join now

Related Posts

Vertu car dealership
News

Blackrock increasing its shareholding in listed dealer group Vertu Motors is a ‘sign of confidence’

February 25, 2021
B&H Motors Seat
News

Seat and Cupra dealer in Cumbria submits planning application to expand existing site

February 25, 2021
News

MP calls for brakes to be put on reckless drivers in rental supercars

February 25, 2021
Ellesmere Port production of Vauxhall Astra
News

Crunch time as decision on future of Vauxhall plant in Ellesmere Port is expected today

February 25, 2021
Volvo XC40 recharge plug-in hybrid
News

Volvo and Geely Auto to cosy up further over tech but aren’t going to merge

February 25, 2021
Aston Martin Valkyrie
News

Aston Martin retail sales fell 32 per cent as manufacturer clocks up substantial losses in 2020

February 25, 2021

Want the latest news?

Sign up to Car Dealer's daily news email updates

Subscribe
How many car dealerships does each manufacturer have in the UK? Car Dealerships Locations List 2021 revealed
News

How many car dealerships does each manufacturer have in the UK? Car Dealerships Locations List 2021 revealed

February 24, 2021
Used Car Awards with Mike Brewer and James Baggott graphi
News

Who won what at the Used Car Awards 2020? Mike Brewer reveals our winning car dealers

February 11, 2021
Car Dealer issue 156 front cover and Used Car Awards
Online Magazine

Out now: Car Dealer issue 156 features our Used Car Awards, H.R. Owen CEO Ken Choo and lots more

February 23, 2021
Used car market stronger than ever as August sees sales up by nearly 50 per cent for Big Motoring World
News

Opinion: Here are 10 reasons why I think there’ll be a rapid recovery in car sales when lockdown ends

February 16, 2021
Trophy Cars forecourt
News

Investigation: Meet the hyper-specialist car dealers making their money from weird and wonderful motors

February 11, 2021
Become a Car Dealer Plus member and get more out of this website including free legal advice
News

Become a Car Dealer Plus member and get more out of this website including free legal advice

January 15, 2021
Car Dealer Top 100 – The list in full of the most profitable car dealers in the UK
Car Dealer Top 100

Car Dealer Top 100 – The list in full of the most profitable car dealers in the UK

February 10, 2021
Bitcoin ATM terminal
News

Will car dealers in the UK accept Bitcoin for payment? Dealers speak out after Tesla plans to accept cryptocurrency 

February 18, 2021
  • Latest
  • Used Cars
  • Live
  • Forum
  • Power 2020
  • Used Car Awards
  • CDX
  • Knowledge
  • Suppliers Guide
  • About Us
  • Latest Issue
  • Top 100
  • CD Plus
Call us: 020 8125 3880

© 2020 Blackball Media

No Result
View All Result
  • Car Dealer Plus
  • Latest
  • Used Cars
  • Live
  • Forum
  • Power 2020
  • Used Car Awards
  • CDX
  • Knowledge
  • Suppliers Guide
  • About Us
  • Latest Issue
  • Top 100

© 2020 Blackball Media

Log In
Register
Register
Server C