Car production in the United Kingdom tumbled 37.6 percent from a year earlier to 78,767 units in March 2020, as the coronavirus crisis caused car plants to close, resulting in more than 140 days-worth, in total, of lost production. Output for the domestic market declined 36.8 percent, while exports fell 37.8 percent as the pandemic forced showrooms to close around the world. Demand was particularly weak in major export destinations, including the US and EU where many key markets were shut for the majority of the month, with exports down 39.3 percent and 37.7 percent respectively. Meanwhile, shipments to China rose 2.3 percent as lockdown measures began to ease.
Car Production in the United Kingdom averaged 114673.27 Units from 1977 until 2020, reaching an all time high of 185157 Units in March of 2000 and a record low of 43773 Units in August of 1979. 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 May of 2020. source: The Society of Motor Manufacturers and Traders Limited (SMMT)
Car Production in the United Kingdom is expected to be 106700.00 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 81000.00 in 12 months time. In the long-term, the United Kingdom Car Production is projected to trend around 91000.00 Units in 2021, according to our econometric models.