January 2020 UK Car Manufacturing
Improvement in UK car exports fails to offset domestic decline as production falls in January
- UK car production dips -2.1% in January, the fifth successive month of decline.
- Exports increase 4.1% to some 97,870 units while production for the UK falls -23.9%.
- Industry calls for supportive measures in upcoming Budget to boost British market.
Thursday 27 February, 2020
British car production fell -2.1% in the first month of 2020 according to figures released today by the Society of Motor Manufacturers and Traders (SMMT). Factories turned out 118,314 units in January, the fifth successive month of decline, with the majority (82.7%) built for export worldwide. UK car production has now fallen in 19 of the last 20 months.
Overseas orders rose 4.1% to 97,870, boosted by the appeal of the latest models coming to market from certain brands, with rising demand for them in key European and Asian markets. However, this growth failed to offset a double-digit fall in production for the UK. Output for the domestic market fell sharply, down -23.9%, with continuing weak confidence meaning January car production overall recorded its lowest total for nine years.1
Mike Hawes, SMMT Chief Executive, said,
Exports are the bedrock for UK car manufacturing so a rise in January exports is welcome following recent declining demand in overseas markets. These figures, however, still give great cause for concern, with another month of falling car production driven by a lack of confidence and corresponding weak demand in the UK. The upcoming Budget is an opportunity for the government to provide supportive measures to stimulate the market, but the biggest boost would be the agreement of an ambitious free trade deal with Europe. This would end the ongoing uncertainty and help the UK to recover its hard-won reputation as a great place for automotive investment.
Notes to editors
1: January 2011 – 110,195
Title Description Version Size Hits Date added Download UK new car production Jan 2020 99.39 KB 42 08-10-2020 DownloadPreview UK new car production Jan 2020 193.54 KB 44 08-10-2020 DownloadPreview SMMT_UK car manufacturing data for January 2020 310.47 KB 49 08-10-2020 Download SMMT Car Reg twitter graphic monthly-03 254.11 KB 42 08-10-2020 DownloadPreview Manufacturing 2 103.64 KB 43 08-10-2020 DownloadPreview Manufacturing 32.93 KB 43 08-10-2020 DownloadPreview MH jan 20 manuf quote 382.51 KB 42 08-10-2020 DownloadPreview Car output_rolling year totals January 2020 474.20 KB 43 08-10-2020 DownloadPreview Car output_rolling year totals January 2020 98.31 KB 42 08-10-2020 DownloadPreview
Notes to Editors
About SMMT and the UK automotive industry
The Society of Motor Manufacturers and Traders (SMMT) is one of the largest and most influential trade associations in the UK. It supports the interests of the UK automotive industry at home and abroad, promoting a united position to government, stakeholders and the media.
The automotive industry is a vital part of the UK economy accounting for £82 billion turnover and £18.6 billion value added. With some 168,000 people employed directly in manufacturing and 823,000 across the wider automotive industry, it accounts for 13% of total UK export of goods and invests £3.75 billion each year in automotive R&D. More than 30 manufacturers build some 70 models of vehicle in the UK supported by 2,400 component providers and some of the world’s most skilled engineers.
More detail on UK automotive available in SMMT’s Motor Industry Facts 2019 publication at smmt.co.uk/facts20
SMMT has an ISDN studio and access to expert spokespeople, case studies and regional representatives.
SMMT media contacts
Comments are closed.