Early Christmas for car production
- 22/12/2023
- Posted by: Alan Feldberg
- Category: News
UK car production rose 14.8% in November according to the Society of Motor Manufacturers and Traders (SMMT).
It found that 91,923 cars rolled out of factory gates, an increase of 11,832 on November last year.
Production for both the home and overseas markets increased, up 13.4% and 15.2% respectively.
Meanwhile, UK production of battery electric (BEV), plug-in hybrid (PHEV) and hybrid (HEV) vehicles continued its upward trajectory, with combined volumes up 20.0% to 35,169 in November and representing 38.3% of total manufacturing output.
Mike Hawes, SMMT chief executive, said, “UK car production is firmly back on track following the tough Covid years and resulting supply chain challenges. With significant investment committed to UK automotive manufacturing, production volumes increasing and the imminent threat of tariffs on EVs traded with the EU now removed by the extension of current rules of origin until 2027, there is renewed confidence in the sector. We now need to see the Anglo-European battery industry build capacity at pace to meet forecast demand.”
