Search
Norfolk Business Awards 2018

Car production falls by 5% in August amid decline in domestics and overseas demand

Zenos Cars technicians at work on the chassis of the Zenos E10 at the factory in Wymondham. Picture: DENISE BRADLEY

Zenos Cars technicians at work on the chassis of the Zenos E10 at the factory in Wymondham. Picture: DENISE BRADLEY

Archant

A decline in domestic and overseas demand led to a fall in UK car production in August.

According to the Society of Motor Manufacturers and Traders (SMMT), a total of 103,232 vehicles were built – 5.3% fewer than in the same month last year.

Production for the domestic market dropped 4.4% to 26,594 cars while output for overseas customers was down 5.6% to 76,638.

Just over 1,106,200 vehicles have been produced in the first eight months of the year, a decline of 1.9%. The domestic market for production has been down in seven out of eight months.

Mike Hawes, SMMT chief executive, said: “It’s common to see fluctuations during the summer months, as output varies according to the timing and duration of holiday factory shutdowns.

“However, the continuation of the longer term downward trend in domestic demand is a concern for production across the UK so it is vital for the future health of this sector that the current uncertainty around Brexit is removed and consumer and business confidence restored.”

Search hundreds of local jobs at Jobs24

Management Jobs

Show Job Lists

Newsletter Sign Up

Sign up to the following newsletters:

Sign up to receive our regular email newsletter

Our Privacy Policy

Insight

Jamie Brown explains how Digital Decoded can help SMEs navigate the mire of marketing products.

The first Norfolk Enterprise Festival will provide a forum for entrepreneurs to meet, mingle and celebrate the county’s thriving business community.

Women in Business

cover

Enjoy the
Women in Business
digital edition

Read

Celebrating Success

cover

Enjoy the
Celebrating Success
digital edition

Read

Green 100

cover

Enjoy the Green 100
digital edition

Read

Meet the Team

Mark Shields

Business Editor

|

Chris Hill

Agricultural and Farming Editor

|

Business Most Read

Awards

Norfolk Future 50 EDP Business Awards Green 100