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UK Car Production Falls

Output from British car factories fell by 13.9% to 136,901 vehicles in June 2017, new figures out today show.

The Society of Motor Manufacturers and Traders (SMMT) reported the drop and said that faltering demand was finally catching up with a sector that has enjoyed a long boom.

The fall in demand appears to be accelerating; last month’s drop was significantly higher than the annual rate of decline. Year-to-date, UK car production is down 2.9%.

UK car production: a boom in recent years

This is no sudden collapse, yet. Although there have now been three consecutive months of output reductions, UK car production remains at its second highest level in 12 years.

This article was originally posted by CarMagazine.co.uk

dave_dibbleUK Car Production Falls