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UK car production returns to growth – but still below pre-COVID levels | Business News

UK car production has returned to growth, although it remains well below pre-pandemic levels, says the Association of Motor Manufacturers and Dealers.

About 69,524 vehicles were built in October, up 7.4% from the same month a year earlier.

September had seen the numbers fall, after four consecutive months of growth, SMMT said, showing how supply chain issues – particularly global chip shortages – have affected UK car manufacturers.

Chips are an important part of the modern automotive industry, with each vehicle typically containing 1,500 to 3,000.

Read more:
Without these chips, we are in deep trouble – and Britain has no strategy

More than eight in 10 cars are made for export, and more than half of them are destined for the European Union, as well as the United States, Japan, South Korea, Australia and Turkey.

Mike Howes, CEO of SMMT, said: “A return to growth in UK car production in October is welcome – although production remains significantly below pre-COVID levels amid component supply disruption.

“Getting the sector back on track in 2023 is a priority, given the jobs, exports and economic contribution supported by the automotive industry.

“UK carmakers are doing everything they can to ramp up production of the latest electrified cars, and help achieve net zero, but more favorable conditions for investment are urgently needed – particularly in affordable and sustainable energy and the availability of talent – ​​as part of a supportive framework for the industry. the cars “.

UK production of battery electric (BEV), plug-in hybrid (PHEV) and HEV vehicles also rose, with combined volumes up 20.3% to 24,115 units.

In the year to date, UK car plants have produced a record 61,339 electric vehicles – up 16.2% on the same period in 2021.

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