Source - Alliance News

Car production in the UK fell by more than 14% last month compared with a year ago, figures show.

The Society of Motor Manufacturers & Traders said the reduction came as car companies were gearing up for new models and temporary supply chain constraints restricted output.

A total of 65,478 vehicles were made in July, with four in five cars produced destined for customers overseas.

The largest markets by volume were the EU at 51% of exports, the US at 18%, and China at 8.6%.

SMMT Chief Executive Mike Hawes said: ‘Following significant growth last year, some readjustment in output was to be expected.

‘Indeed, an ongoing degree of volatility is likely as the industry restructures to transition to zero emission vehicle production.

‘As the billions already committed to new models start to deliver a return, volume growth will resume, providing we seize every opportunity to enhance our global competitiveness.’

By Alan Jones, PA Industrial Correspondent

source: PA

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