News from Notch Consulting, Inc.

June 4, 2019

UK car production plummets in April as Brexit shutdowns strike

Filed under: Auto — Notch @ 11:27 am

UK car manufacturing output fell by almost 50 percent in April, for the 11th consecutive month of decline in automotive production.

Just under 71,000 cars rolled off the line in the month, down -44.5% year on year, attributed to large-scale factory shutdowns, which normally are scheduled for the summer holiday but were brought forward and extended due to Brexit.

“[These] figures are evidence of the vast cost and upheaval Brexit uncertainty has already wrought on UK automotive manufacturing businesses and workers,” SMMT Chief Executive Mike Hawes said.

The UK was expected to withdraw from the European Union 29 Mar, but the departure date has now been extended to October 31.

Referenced article found here.

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