(Alliance News) – UK car production returned to growth last month but is still well below pre-pandemic levels, according to new data.
A total of 69,524 cars were built in October, up 7.4 percent from the same month a year ago, the Society of Motor Manufacturers & Traders said.
The increase followed a decline in September, which came after four straight months of growth, which SMMT said illustrated how supply chain turbulence, especially the global shortage of chips, continues to impact UK automakers .
Exports of late volume, luxury and specialist models drove last month’s output, with more than eight out of 10 cars produced overseas, accounting for 56,469 units, while 13,055 cars were sold for the domestic market.
Export growth was driven by increased shipments to the US, Japan, South Korea, Australia and Turkey, although the majority of cars, 55%, bound for overseas went to the EU, SMMT said .
British production of battery electric, plug-in hybrid and hybrid vehicles increased again, with combined volumes up 20% to 24,115 units.
Since the start of the year, UK car factories have produced a record 61,339 BEVs, up 16% on the same period in 2021.
Mike Hawes, chief executive of SMMT, said: “A return to growth for UK car production in October is welcome, although production is still down significantly from pre-Covid levels due to the turbulent supply of components.
“Getting the sector back on track in 2023 is a priority, given the jobs, exports and economic contribution the automotive industry makes.
“British carmakers are doing all they can to ramp up production of the latest electrified vehicles and help deliver net zero, but more favorable conditions for investment are urgently needed, especially in terms of affordable and sustainable energy and talent availability. , as part of a supportive framework for automotive manufacturing”.
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