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

UK University of York to Set Up Its First Navi Mumbai Campus By 2026, MoU Signed With Maharashtra Government

MaharashtraMaharashtra Govt Successfully Secures Sword of Raghuji Bhonsle From London Auction

NationalMumbai-London Atlantic Flight Makes Emergency Landing, More Than 200 Indian Flyers Stuck in Turkey With No Aid

NationalMamata Banerjee Jogging Video: West Bengal CM Says See No One Left Behind During Her Jog in Saree at Hyde Park in London

InternationalUK Shocker: 45-Year Old Woman Dies After Being Strangled by Partner During Sex In Cardiff

International Realted Stories

InternationalEAM Jaishankar highlights India's expanding engagement in Arctic region

InternationalMarco Rubio criticises Germany's AfD surveillance as "tyranny," Berlin says "rightwing extremism needs to be stopped"

InternationalUS: 5.3-magnitude quake hits West Texas

InternationalPM Modi congratulates Singapore's Lawrence Wong on re-election

InternationalDalai Lama greets Australian PM Albanese for winning second term