Surge in UK vehicle production powers fresh optimism
6 Articles
6 Articles
Surge in UK vehicle production powers fresh optimism
March marked a turning point for the UK’s automotive industry as vehicle production surged by 17.1% to 79,018 units, according to the Society of Motor Manufacturers and Traders (SMMT). This strong rebound compared to a weak performance a year earlier highlights a sector steadily regaining momentum. Last year’s output had been hampered by an earlier Easter holiday and significant model changeovers, making this year’s growth even more striking. Ca…
March vehicle production spike fails to lift Q1 decline
UK car and commercial vehicle production rose by 17.1% to 79,018 units last month but total Q1 output is down -6.3%. Car manufacturing grew for the first time in 12 months, driven by robust export demand that increased by 30.6%, with almost three quarters (73.3%) of output shipped overseas. Conversely, production for the UK market fell by -6.1%. Electrified vehicle production also rose, by 38.5% – more than twice the rate of total production – t…
Vehicle manufacturing growth in March fails to offset first quarter decline
Vehicle production rises 17.1% compared with weak March last year, but total Q1 output down -6.3% ahead of new US tariff announcements. Car output rises for first time in a year, reflecting model changes in 2024, with commercial vehicle output also up as demand stabilises following two years of post-pandemic volatility. Exports drive growth in car production, while commercial vehicle output rises through domestic demand. File download UK new v…
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