British car production rose in May for the first time in 10 months
British car production rose ...
Subscribe to Newsletter

British car production rose in May for the first time in 10 months

30 June 2022
2587
1 min.
1
British car production rose in May for the first time in 10 months

Cars in the United Kingdom

Vehicle production in the United Kingdom rose by 13.3% to 62,284 units in May compared with the same month last year. It was the first increase in car output in 10 months, data from the Society of Motor Manufacturers and Traders of Great Britain (SMMT) released on Thursday showed.

Production of vehicles for the home market rose by 39.5 per cent and 8.9 per cent for export. At the same time the production of electric and hybrid cars continues to grow. In May, their share made 22,6% of all produced cars.

At the same time, the organisation's experts point out that current production figures are still significantly lower than in 2019, when the UK economy has not yet experienced the effects of the coronavirus pandemic. Compared to May 2019, car output is down 46.3%.

SMMT cites difficulties with the supply of components, especially semiconductors, as well as the economic shock caused by the crisis in Ukraine, as the main reasons making it difficult to recover production.

It is worth noting that amid the continuing unfavorable economic situation, the organization calls on the UK government "to take urgent measures to maintain the industry in a competitive state".

Companies1 in the news

Section:
Source foto:
flickr.com
Rating companies
Instagram
16 Mention
X (Twitter)
9 Mention
ITV
8 Mention
The Times
8 Mention
Netflix
8 Mention
Labour Party
7 Mention
The Sun
7 Mention
Home Office
6 Mention

ENGLAND NEWS


News GlobalEng.biz -this is the latest and most up-to-date information about the resonant events that have occurred in the region. The task of the resource's news feed is to convey to readers information about important events in business, politics, economics, healthcare, culture and other spheres of life in England with maximum accuracy and objectivity.
News GlobalEng.biz - this is coverage of the economic processes taking place in England, the latest news of public life, incidents and an overview of political events. English news is information about the activities of small and medium-sized businesses, the work of housing and communal services, the implementation of significant projects. The site's journalists describe not only the life of the region, but also talk about the current state of the English economy. Everything you need to know about innovations in the field of industry and agriculture, economy and government is collected in the "News" section on GlobalEng.biz.
News of England promptly informs the reader, shows the real picture and opens up topical topics. Communication with government structures and business gives us the opportunity to provide our readers with reliable, information-rich material.
The main page of the portal contains the key news of England!
Alena Potapova

Development Director
Population
8169816238
Died this year
53415552
Born this year
131411712