Uncertainty and falling export demands – particularly in China – cited as key factors
James Attwood, digital editor
28 March 2019

British car manufacturing fell by 15.3% year on year in February, the ninth consecutive month of decline, due a continued fall in demand from both Britain and key export markets.

A total of 123,203 cars were produced in the UK in February, compared with 145,518 in February 2018, according to data produced by the Society of Motor Manufacturers and Traders. So far this year, 243,852 cars have been built in this country, a 16.8% year-on-year fall.

Of the cars produced in February, 28,350 were for the UK market – down 11% on the same month last year – with 97,985 exported, a 16.4% decline. It was the ninth consecutive month that demand for home-built cars had declined in the UK.

 

 

The decline in cars built for export was particularly driven by the ongoing struggles of the Chinese market, where demand for British cars slumped by 55.6%. Demand in the European Union, where the UK exports most cars to, fell by 14.9%.

With eight of 10 cars in the UK still exported to the EU, SMMT boss Mike Hawes reiterated that the continued decline in manufacturing highlighted the risk of a no-deal Brexit.

Hawes called the figures “a wake-up call for anyone who thinks this industry, already challenged by international trade hostilities, declining markets and technological disruption, could survive a no-deal Brexit without serious damage”.

UK car manufacturing levels are likely to be hit further in the coming months, with several plants, including BMW and Mini’s factories, bringing forward annual closures until the period after 29 March, the date Britain was originally due to leave the EU.

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While the date Britain leaves the EU is now uncertain, the complexities of car manufacturing means that the production closures are fixed. That raises the prospect of further interruptions to car manufacturing later this year, depending on when – or if – Brexit takes place.

 

Read more

 

Will Brexit kill the British car industry?

 

Volvo excels, Audi and Porsche flop in January registrations

 

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Comments
19

28 March 2019

... when nobody's buying new cars - comparatively, worldwide - this is what happens! moving on.....

28 March 2019
russ13b wrote:

... when nobody's buying new cars - comparatively, worldwide - this is what happens! moving on.....

 

Your lack of concern for other people’s livelihoods is telling.

28 March 2019
scrap wrote:

russ13b wrote:

... when nobody's buying new cars - comparatively, worldwide - this is what happens! moving on.....

 

Your lack of concern for other people’s livelihoods is telling.

I have not seen much concern about livelihoods from the many people who are happy to demonize Diesel. Presumably all these people, including most of our politicians think it is a price worth paying.

28 March 2019
armstrm wrote:
scrap wrote:

russ13b wrote:

... when nobody's buying new cars - comparatively, worldwide - this is what happens! moving on.....

 

Your lack of concern for other people’s livelihoods is telling.

I have not seen much concern about livelihoods from the many people who are happy to demonize Diesel. Presumably all these people, including most of our politicians think it is a price worth paying.

 

Scrap is just looking for any excuse to blame brexit, thats all.

28 March 2019

SMMT boss Mike Hawes reiterated that the continued decline in manufacturing highlighted the risk of a no-deal Brexit.

Ah, so he's still around. The lack of comment at the prospect of BMW bringing more business to the UK and those Dutch car job losses was beginning to me think Mr Hawes had laryngitis.

Next time Autocar produces a story like this, perhaps they could also provide us with monthly car output figures for say Germany?

28 March 2019

GLOBAL car production is down...GLOBAL.  The UK's is 15%, Germany's is 19% (20% if you take January's figures - more on that in a moment), and so many more countries reporting a drop - even South Korea at 2%.  Global purchasing of manufactured goods in general is down, cars have take a particular hit because of their relative expense.  We're well on our way to a global slowdown (which is better than a crash, but...) and an almost certain crash when the Euro goes bust (after Italy collapses and falls out of the Euro, and French banks collapse, in turn causing France to crash).  Manufacturing countries like Germany will suffer, especially.

Now, BE CAREFUL OF WHICH FIGURES YOU READ!  I've already noticed this morning that media outlets are picking and choosing which datasets to use when comparing the UK's figures to others (because so many media outlets have an anti-Brexit agenda, as do idiots on here).  For example, Germany's figures are up and down according to the month - Last month it was 440,900, but the month before it was 367,300 - making it look rosey.  BUT, in March of last year it was around 530,000.

View here: https://tradingeconomics.com/germany/car-production

28 March 2019
Bazzer wrote:

GLOBAL car production is down...GLOBAL.  The UK's is 15%, Germany's is 19% (20% if you take January's figures - more on that in a moment), and so many more countries reporting a drop - even South Korea at 2%.  Global purchasing of manufactured goods in general is down, cars have take a particular hit because of their relative expense.  We're well on our way to a global slowdown (which is better than a crash, but...) and an almost certain crash when the Euro goes bust (after Italy collapses and falls out of the Euro, and French banks collapse, in turn causing France to crash).  Manufacturing countries like Germany will suffer, especially.

Now, BE CAREFUL OF WHICH FIGURES YOU READ!  I've already noticed this morning that media outlets are picking and choosing which datasets to use when comparing the UK's figures to others (because so many media outlets have an anti-Brexit agenda, as do idiots on here).  For example, Germany's figures are up and down according to the month - Last month it was 440,900, but the month before it was 367,300 - making it look rosey.  BUT, in March of last year it was around 530,000.

View here: https://tradingeconomics.com/germany/car-production

The mainstream media has only ONE agenda - to report the news with no bias, something they do well - its only cos they dont report it in a pro Brexit way that you dont like them, indeed both leavers and remainers complain that the mainstream news is biased, proof that theyre not. As for calling people with opposing views to yours "idiots" (thats half the country), well, thats just plain childish and kinda debases your argument. There are plenty of people on here from both sides of the Brexit debate.

XXXX just went POP.

28 March 2019

No, you misunderstand (yet again!).  I don't think remianers are idiots, I think you are an idiot.  Whether you are a remainer of a leaver is neither here nor there.  Yesterday, I specifically pointed out that I've nothing against remainers who are honest.  My problem is with idiots who aren't honest, and can't comprehend even simple issues.  Where are you on that?  Actually, you're problem is not that you are an idiot, it's that you don't know you are.

28 March 2019

The mainstream media isn't biased?

That says more about you than I ever could.

28 March 2019

I see Standard and Poor have just downgraded Tata Motors credit rating citing Brexit and the uncertainty that would cause for JLR. This means Tata’s borrowing costs will now increase. You can say Brexit isn’t to blame for stuff but here is an example of where it evidently is. If Brexit wasn’t happening S&P would not have downgraded them.

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