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Car production slowdown continues as factories gear up for new models

SMMT: Production output value in first seven months of 2024 holds level, despite volume decline

Mark Moran
29 August 2024

 

UK car production fell by -14.4% in July, according to new figures published by the Society of Motor Manufacturers and Traders (SMMT). Factory lines rolled out 65,478 vehicles in the month, with the decline in output due predominantly to model changeovers and temporary supply chain challenges.

Despite a -18.6% decline in volume, electrified (battery electric, plug-in hybrid and hybrid) vehicle manufacturing maintained a relatively stable 37.5% share of output, compared with 39.5% in July...

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