UK car production rose for a third consecutive month, new figures have revealed, despite many potential buyers “applying the brakes to their spending plans”.
The data, released today by the Society of Motor Manufacturers and Traders (SMMT), shows that the country recorded a 8.6% year-on-year rise in July to a total of 58,043 cars.
However, these figures were significantly below pre-pandemic levels. The UK produced 108,239 cars in July 2019 – almost double the number recorded this year.
Moreover, the 4605-unit improvement compared with July 2021 must be qualified with the fact that it was the worst July for car production since 1956, the SMMT said, when the Suez Crisis spiked fuel prices (forcing petrol rationing) and dampened demand for cars.
