British car production fell for the sixth consecutive month in August, a period typically marked by reduced output due to summer shutdowns and factory preparations for new model launches, according to data released by the Society of Motor Manufacturers and Traders (SMMT) on Thursday.
In total, 41,271 new cars were produced in August, representing an 8.4% decrease compared to the same month last year. Electric vehicle (EV) production, which encompasses battery electric, plug-in hybrid, and hybrid models, also experienced a decline, with its share of total output dropping to 29.6% from 37.5% in July.
Despite the recent downturn, the SMMT remains optimistic about future growth. “The sector remains optimistic about a return to growth, however, with record levels of investment announced last year,” said SMMT CEO Mike Hawes.
Looking ahead, Hawes noted that the upcoming Autumn budget on October 30 and the government’s proposed Industrial Strategy, aimed at boosting productivity through industrial and infrastructure investments, will be critical for maintaining the competitiveness of the UK automotive industry.
Year-to-date figures indicate that UK car production is down 8.5%, totaling 522,823 units so far this year, according to the SMMT.