UK car production jumped 13.3% to 62,284 units YoY in May 2022, rising for the first time in 11 months due to low base effect, with production in May 2021 still suffering significantly from pandemic related headwinds. Indeed, output remains -46.3% below the pre-pandemic month in 2019, with ongoing supply chain issues, increasing economic uncertainty, rising business costs and disruption caused by the war in Ukraine. Production for both overseas and domestic markets increased in May, by 8.9% and 39.5% respectively. Exports accounted for 82.1% of all new cars built, with almost six-in-ten of these destined for the EU. Shipments to the US decreased by -35.4%, with the closure of a major UK plant in 2021 continuing to affect export levels across the Atlantic. Positively, UK car makers continued to build the latest and greenest zero and low emission models at pace with an increase in output of battery electric vehicles, plug-in hybrid electric vehicles and hybrid electric vehicles. source: The Society of Motor Manufacturers and Traders Limited (SMMT)
Car Production in the United Kingdom averaged 112578.62 Units from 1977 until 2022, reaching an all time high of 185157 Units in March of 2000 and a record low of 197 Units in April of 2020. This page provides - United Kingdom Car Production- actual values, historical data, forecast, chart, statistics, economic calendar and news. United Kingdom Car Production - data, historical chart, forecasts and calendar of releases - was last updated on July of 2022.
Car Production in the United Kingdom is expected to be 65000.00 Units by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom Car Production is projected to trend around 99000.00 Units in 2023 and 109000.00 Units in 2024, according to our econometric models.