UK automobile manufacturing fell for a 12th consecutive month in Could, with business bosses blaming a 15.5% year-on-year decline on the continued impression of earlier UK manufacturing unit shutdowns, together with falling international and home demand.
A complete of 116,035 automobiles had been produced within the UK final month, 21,239 fewer than the identical month in 2018, in line with information from the Society of Motor Producers and Merchants (SMMT). Manufacturing of home fashions fell by 25.9%, whereas 12.6% much less automobiles had been constructed to be shipped abroad.
Manufacturing for export nonetheless accounted for 80.9% of all automobiles made, which the SMMT says reinforces its declare that sustaining a frictionless border crossing post-Brexit is essential to the preservation of the UK’s manufacturing business.
This week, the SMMT has known as for the subsequent prime minister to make sure the UK doesn’t depart the EU with out a deal. It claims that delays brought on by elevated safety checks at border crossings might incur monetary penalties of as much as £50,000 per minute for the automotive business.
General, 116,035 new automobiles had been constructed within the UK in Could, a 15.5% decline in comparison with the identical interval in 2018, when 137,274 items had been despatched to dealerships. Yr-to-date, the UK has produced 557,295 automobiles, 21% lower than the 705,774 that had been produced by this level final 12 months.
The primary cause for the shortfall, claims the SMMT, is the choice by firms together with Jaguar Land Rover, Honda, BMW, Mini and Rolls-Royce to shut their factories quickly in April amid widespread confusion over Britain’s date of departure from the EU.
Mike Hawes, SMMT chief government, mentioned: “12 consecutive months of decline for UK automobile manufacturing is a critical concern and underlines but once more the significance of securing a Brexit deal shortly.”
“The continuing political instability and uncertainty over our future abroad commerce relationships, most notably with Europe, just isn’t serving to and, while the business’s fundamentals stay robust, a brighter future is just doable if we safe a deal that may assist us regain our fame as a sexy location for automotive funding,” he added.
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