Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Car manufacturing in the United Kingdom (UK) slipped 5pc in September to 114,732 cars, down 6,000 units from same period previous year, according to Society of Motor Manufacturers and Traders (SMMT).


The auto association of UK further noted this is the worst September figures recorded in 25 years. Political environment and uncertainty in the market has hurt production, says SMMT, as companies struggle to operate in the COVID-challenged global market. 


Production for exports has declined 9.7pc in September to 87,533 units, which is 9,500 units lower from a year ago. Shipments to key nations including China, EU and US fell by 1.2pc, 3.3pc and 30pc, respectively, according to SMMT data. On the other hand, production for UK markets has climbed by 14.5pc which is a rise of 3,440 units. 


Electric vehicle production rose by 37pc from the prior year with almost 76pc accounting for exports, mainly to the EU. 


In the nine-month period Jan-Sep, UK car production was down 36pc with 632,824 units produced. Forcast for production is under 885,000 cars, which would be the first time since 2009 that UK produced less than a million cars in a year. 


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