UK car production in November fell to its lowest level in 44 years, with a 30% year-over-year decline to approximately 64,200 vehicles, marking the ninth consecutive month of decline. The Society of Motor Manufacturers and Traders (SMMT) reported that all manufacturers saw decreased production compared to the previous year, highlighting a widespread industry downturn.
Challenges such as rising costs, post-Brexit trade barriers, and the transition to electric vehicles have exacerbated the industry's struggles. Stellantis NV's plan to close its 120-year-old Vauxhall plant in Luton signals further decline in the sector.
According to SMMT data, UK car production up to November totaled nearly 734,600 vehicles, a 13% decrease compared to the same period in 2019, before the pandemic. Policymakers have announced a review of electric vehicle sales regulations, but manufacturers express dissatisfaction, citing insufficient government action to stimulate market demand. The future of the UK automotive industry faces challenges from both internal and external factors.
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