Car production dips 5% in August on weak demand
UK car production fell by more than 5% in August as demand both at home and abroad declined.
Figures released by the Society of Motor Manufacturers and Traders (SMMT) show 103,232 vehicles left UK factories last month – a fall of -5.3%, a figure the trade body has said is of “concern” to the industry.
Production for the domestic market dropped 4.4% to 26,594 units, while output for overseas customers was down 5.6% to 76,638.
The percentage of cars produced for export also declined slightly at 74.2%, against 74.5% for th... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
