Thursday, January 20

Day: October 29, 2020

Car industry calls to avoid devastating no-deal Brexit
Featured, United Kingdom

Car industry calls to avoid devastating no-deal Brexit

    Britain's car industry had its worst September in 25 years, with a decline in the number of vehicles being exported to Europe and the US. Figures from the Society of Motor Manufacturers and Traders said 114,732 were produced during the month - 5% down when compared to September last year. Car production for the year is down 35.9% and is expected to fall below one million vehicles for the first time since 1999. SMMT chief executive Mike Hawes said: These figures are yet more grim reading for UK automotive as coronavirus continues to wreak havoc both at home and in key overseas markets. Domestic demand, which accounted for 27,199 vehicles, was 14.5% higher than a year earlier but most of the cars made in Britain are exported. The number of cars sent to the EU was do...