For the eighth month in a row, new car production in the UK has dropped. February has once again seen the ongoing trend of car production in the UK falling – this is no doubt thanks to the ongoing chip shortage crisis.
With the ongoing chip shortage crisis in mind, it comes as no surprise that car production in the UK fell a massive 41.3 percent in February – that makes it the lowest February for car production since 2009.
During the month, car factories in the UK managed to build just over sixty-one-thousand cars – this is a drop of almost forty-four-thousand compared to the same time last year. Out of the mentioned sixty-one-thousand cars produced in the UK in February, more than 80 percent were exported.
The shift towards electrified vehicles continued in February – with plug-in hybrids, hybrids, and battery electric cars taking up more than a quarter of all production in the month.
Mike Hawes, SMMT Chief Executive, has said – “The automotive industry is undergoing its most radical transformation in more than a hundred years, but manufacturers are simultaneously facing the most extreme operating conditions as global economic headwinds drive up costs and constrain supply. The sector entered 2022 hopeful for recovery, but that recovery has not yet begun, and urgent action is now needed to help mitigate spiralling energy costs and ensure the sector remains globally competitive to encourage the investment essential to growth.”
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