London Daily
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LONDON DAILY ARCHIVE

UK Car Output "Back on Track" with Best November Since 2020 UK's car production has seen its most productive November since 2020, driven by increasing exports and improving supply chains

Last month, factories produced 91,923 vehicles, marking a 15% rise.

28 December 2023 · 21:23 UTC

According to Mike Hawes, the CEO of the Society of Motor Manufacturers and Traders, the industry is back on course after pandemic-related disruptions.

Exports surged by 15.2%, with the EU, China, and Turkey propelling demand.

Electric vehicle production also grew by 20%, reaching 35,169 vehicles.

Following the EU Council's decision, EV manufacturers in the EU and the UK have until the end of 2026 to meet local content requirements, averting tariffs on UK-traded EVs. Sales within the UK increased by 13.4%.