Car production in UK declined 29.3% to 920,928 units, the worst performance since 1984, with the pandemic chiefly responsible for the decline. Manufacturing operations were severely disrupted throughout 2020, with lockdowns and social distancing measures restricting factory output, Brexit uncertainty continuing until Christmas Eve and depressed market demand in key export destinations. Production for overseas buyers fell 29.1% while output for the UK dropped 30.4%. Even amid the global pandemic, exports continued to drive UK car manufacturing, with more than 8 in 10 of all cars made shipped overseas. The EU remained the UK’s biggest export destination, taking a 53.5% share, despite volumes falling 30.8% to 400,460 units. Meanwhile, in December alone car production declined 2.3% yoy to 71,403 units, the least in four months, with some firms affected by border closures and thus component supply issues due to the lockdown. source: The Society of Motor Manufacturers and Traders Limited (SMMT)
Car Production in the United Kingdom averaged 113854.73 Units from 1977 until 2020, 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 February of 2021.
Car Production in the United Kingdom is expected to be 74000.00 Units by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Car Production in the United Kingdom to stand at 87000.00 in 12 months time. In the long-term, the United Kingdom Car Production is projected to trend around 99000.00 Units in 2022, according to our econometric models.