UK automobile output falls by almost half in August, Auto Information, Automobilnews
“Firms are bracing for a second wave with tighter social and enterprise restrictions making the business’s makes an attempt to restart much more difficult,” mentioned SMMT Chief Government Mike Hawes.
August 2019 had been a stronger-than-normal month as some carmakers didn’t undertake their annual summer time shutdowns, having introduced them ahead to arrange for the unique Brexit date on the finish of March.This yr, output seems to be set to fall by round a 3rd to only below 885,000 autos, in keeping with the SMMT.
The business, Britain’s largest exporter of products, can be dealing with the problem of tumbling demand for diesel fashions, of electrifying mannequin line-ups and dealing with potential disruption to commerce ensuing from Brexit.
London and Brussels try to barter a free commerce deal to come back into pressure in January as Britain leaves EU mechanisms resembling the one market and customs union.
“A ‘no deal’ situation can be disastrous, with automobile volumes doubtlessly falling under 750,000 by 2025, hampering sector efforts to drive funding into the brand new expertise, amenities and applied sciences that will probably be integral to delivering a zero-carbon future,” mentioned Hawes. (Reporting by Costas Pitas; enhancing by Stephen Addison)