UK car production dropped 30% YoY to 64,216 units in November 2024, marking the lowest monthly output since 1980, when the country faced widespread industrial unrest and soaring inflation. The decline is primarily attributed to falling demand, putting increasing pressure on government ministers to reconsider EV targets. Industry leaders have warned that these targets could lead to factory closures and significant job losses. The SMMT noted that all major automakers in the UK experienced production drops, with electric vehicle output falling by nearly 46%. SMMT CEO Mike Hawes stated, “While a decline was expected given the extensive changes underway at many plants, manufacturing is facing mounting pressures both domestically and internationally. The government can assist by supporting consumers during the transition, accelerating its Industrial Strategy for advanced manufacturing, and, most urgently, reviewing market regulations that are placing immense strain on the sector.”. source: The Society of Motor Manufacturers and Traders Limited (SMMT)

Car Production in the United Kingdom decreased to 64216 Units in November from 77484 Units in October of 2024. Car Production in the United Kingdom averaged 110344.65 Units from 1977 until 2024, reaching an all time high of 185157.00 Units in March of 2000 and a record low of 197.00 Units in April of 2020. This page provides - United Kingdom Car Production- actual values, historical data, forecast, chart, statistics, economic calendar and news. United Kingdom Car Production - data, historical chart, forecasts and calendar of releases - was last updated on January of 2025.

Car Production in the United Kingdom decreased to 64216 Units in November from 77484 Units in October of 2024. Car Production in the United Kingdom is expected to be 84900.00 Units by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom Car Production is projected to trend around 75100.00 Units in 2025 and 75600.00 Units in 2026, according to our econometric models.




Calendar GMT Reference Actual Previous Consensus TEForecast
2024-11-28 12:01 AM
Car Production YoY
Oct -15.3% -20.6% -9.0%
2024-12-20 12:01 AM
Car Production YoY
Nov -30% -15.3% -12.0%


Related Last Previous Unit Reference
Bankruptcies 1966.00 1743.00 Companies Nov 2024
BRC Retail Sales Monitor YoY 3.10 -3.40 percent Dec 2024
CBI Business Optimism Index -24.00 -9.00 points Dec 2024
Car Production YoY 64216.00 77484.00 Units Nov 2024
Car Registrations 140786.00 153610.00 Units Dec 2024
Changes in Inventories -1079.00 -1129.00 GBP Million Sep 2024
Composite Leading Indicator 101.77 101.81 points Nov 2024
Corporate Profits 145791.00 145287.00 GBP Million Sep 2024
Corruption Index 71.00 73.00 Points Dec 2023
Corruption Rank 20.00 18.00 Dec 2023
Crude Oil Rigs 9.00 8.00 Nov 2024
Electricity Price 94.50 97.50 GBP/MWh Jan 2025
Electricity Production 49675.00 64674.00 Gigawatt-hour Jun 2024
CBI Industrial Trends Orders -40.00 -19.00 Net Balance Dec 2024
Industrial Production YoY -0.70 -1.80 percent Oct 2024
Industrial Production MoM -0.60 -0.50 percent Oct 2024
GDP 3-Month Avg 0.10 0.10 percent Oct 2024
Manufacturing Production YoY 0.00 -0.70 percent Oct 2024
Manufacturing Production MoM -0.60 -1.00 Percent Oct 2024
Mining Production -4.80 -4.00 percent Oct 2024
New Orders 9673.00 12514.00 GBP Million Sep 2024
New Car Sales YoY -0.20 -1.90 percent Dec 2024
Business Investment 1.90 1.80 percent Sep 2024
Small Business Sentiment -1.00 -13.00 points Mar 2024

United Kingdom Car Production
Actual Previous Highest Lowest Dates Unit Frequency
64216.00 77484.00 185157.00 197.00 1977 - 2024 Units Monthly
NSA


News Stream
UK Car Production Falls to Lowest Level Since 1980
UK car production dropped 30% YoY to 64,216 units in November 2024, marking the lowest monthly output since 1980, when the country faced widespread industrial unrest and soaring inflation. The decline is primarily attributed to falling demand, putting increasing pressure on government ministers to reconsider EV targets. Industry leaders have warned that these targets could lead to factory closures and significant job losses. The SMMT noted that all major automakers in the UK experienced production drops, with electric vehicle output falling by nearly 46%. SMMT CEO Mike Hawes stated, “While a decline was expected given the extensive changes underway at many plants, manufacturing is facing mounting pressures both domestically and internationally. The government can assist by supporting consumers during the transition, accelerating its Industrial Strategy for advanced manufacturing, and, most urgently, reviewing market regulations that are placing immense strain on the sector.”
2024-12-20
UK Car Production Declines for 8th Consecutive Month
UK car production fell 15.3% year-on-year to 77,484 units in October 2024, marking the eighth consecutive month of decline. The drop is largely attributed to ongoing retooling efforts at manufacturing plants for the next generation of zero-emission vehicles. The SMMT also reported a 10.8% decrease in car output for the first ten months of 2024 compared to the same period in 2023, with a significant reduction in exports being a key factor. While production for the domestic market rose by 5.3%, exports saw a decline of 14.8%. SMMT CEO Mike Hawes commented on the challenging market conditions, stating, "Slowdowns in the global market – especially for EVs – are impacting production output, with the situation in the UK particularly acute given we have arguably the toughest targets and most accelerated timeline, but without the consumer incentives necessary to drive demand."
2024-11-28
UK Car Production Falls for 7th Straight Month
UK car production declined 20.6% year-on-year to 70,039 units in September 2024, falling for the seventh straight month due to the end of production of various models as manufacturers continued to retool for new zero-emission vehicles. September’s drop was also partly due to a strong performance in the same period last year, which was the best since 2020. SMMT CEO Mike Hawes said: “As UK Automotive undergoes its most radical transformation in more than a century, short-term production declines were always anticipated, and they represent a temporary adjustment in exchange for long-term growth.” Earlier this month, SMMT sent an open letter to finance minister Rachel Reeves advocating for government incentives to private buyers to speed up the switch to EVs. EV production slumped 37% with 21,309 units being manufactured in September.
2024-10-23