Monthly journal Parking Review has been the definitive source of news and intelligence on the UK and international public and private parking sectors since 1989.

Car manufacturing dips as factories switch to electric models

SMMT: Electrified vehicle production remains robust

Mark Moran
27 June 2024

 

UK car manufacturing output declined by -11.9% to 69,652 units during May, according to new figures published by the Society of Motor Manufacturers and Traders (SMMT).

Production for the UK market rose by 9.7% to 17,754 units but did not offset a -17.4% decline in volumes for export, at 51,898 units.

Despite the fall, almost three-quarters (74.5%) of all cars built in Britain were exported to global markets, with more than half (52.5%) going to the EU followed by the US (18.2%) and Turkey,...

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