City
Epaper

UK car manufacturing output drops to nearly 40-yr low

By IANS | Updated: January 29, 2021 10:25 IST

London, Jan 29 The UK's car manufacturing output fell 29.3 per cent in 2020 to 920,928 units year-on-year, ...

Open in App

London, Jan 29 The UK's car manufacturing output fell 29.3 per cent in 2020 to 920,928 units year-on-year, the lowest total since 1984, amid a double whammy of the Covid-19 pandemic disruption and the Brexit uncertainty, the country's Society of Motor Manufacturers and Traders (SMMT) said.

"These figures, the worst in a generation, reflect the devastating impact of the pandemic on UK automotive production, with Covid lockdowns depressing demand, shuttering plants and threatening lives and livelihoods," Xinhua news agency quoted Mike Hawes, Chief Executive of the SMMT, as saying in a statement on Thursday.

Production for overseas buyers fell 29.1 per cent last year to 749,038 units, while output for the domestic market was down 30.4 per cent to 171,890, the SMMT said in a report.

Notably, shipments to the US, Japan and Australia all fell, down 33.7 per cent, 21.6 per cent and 21.8 per cent, respectively, while exports to China up 2.3 per cent, said the SMMT.

The European Union remained the UK's biggest export destination, taking a 53.5 per cent share in 2020, despite volumes falling 30.8 per cent to 400,460 units.

The combined production of battery electric (BEV), plug-hybrid (PHEV) and hybrid vehicles (HEV) rose to 18.8 per cent of all cars made in the UK, up from 14.8 per cent a year before, said the SMMT.

Looking ahead, the trade association said much will "depend on the extent of Covid measures here and abroad and the speed with which showrooms can reopen".

"The industry faces 2021 with more optimism, however, with a vaccine being rolled out and clarity on how we trade with Europe, which remains by far our biggest market," Hawes added.

( With inputs from IANS )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Society of Motor Manufacturers and TradersSmmtukLondonPremier of saMike hawesAdministrative capital
Open in App

Related Stories

InternationalUK to Ban Porn Featuring 'Choking' and 'Strangulation' Acts

EntertainmentJanhvi Kapoor, Shikhar Pahariya Spotted Holding Hands on Busy Streets of London (Watch Video)

NationalSunjay Kapur Funeral Today in Delhi: Final Rites at Lodhi Road Crematorium at 5 PM; Karisma Kapoor’s Children to Attend

MumbaiMumbai: Man Arrested for Sending Obscene Emails to Neighbour In Dahisar

MumbaiMumbai: Diamond Earrings, Gold Rolex Worth Rs 35 Lakh Stolen from Colaba Businessman’s Home

International Realted Stories

InternationalTrump to decide in two weeks on US involvement in Israel-Iran conflict: White House

InternationalOperation Sindhu underway: India to evacuate nationals from Israel

InternationalPM Modi thanks Croatian PM for solidarity after Pahalgam terror attack, calls for united global action against terrorism

InternationalEntire credit goes to PM Modi for taking it to the UN: ICCR chief on Yoga's global rise

InternationalIndia, Croatia express willingness to facilitate joint research and development: MEA