Car factories in Britain built almost 20 percent fewer cars in November 2018, with profitable car exports falling by an even more worrying 22.8 percent.
The Society of Motor Manufacturers and Traders (SMMT) blames weaker demand in all major markets and ongoing fallout from the introduction of new WLTP emissions regulations.
“It’s very concerning to see demand for UK-built cars decline in November,” said SMMT chief executive Mike Hawes.
Output has been “seriously impacted by falling business and consumer confidence in the UK allied to weakening export markets.”
Hawes also demanded a ‘no-deal’ Brexit must be ruled out, to help secure the future of UK car manufacturing. “Thousands of jobs in British car factories and supply chains depend on free and frictionless trade with the EU – if the country falls off a cliff-edge next March the consequences would be devastating.”
Despite the production decline, more than 8 in 10 British-built cars were still exported in November. Demand from British buyers fell by a lesser 1.9 percent.
The current UK car manufacturing total so far in 2018 is 1.44 million, an overall decline of 8.2 percent. That’s over 75,000 fewer car experts, and almost 55,000 fewer British-built cars bought by UK customers.