UK vehicle production rose in March, but Q1 figures decline: SMMT
In March, the production of British cars and commercial vehicles increased by 17.1% to 79018 points, as reported by automobile manufacturers and traders’ society (SMMT).
The rise was due to the export demand, the production of cars for the first time in 12 months.
However, the first quarter has yet seen a general decline in production.
Car production has stimulated the 30.6% increase in export demand, 73.3% of the products have been shipped abroad. Despite this, the production of the British market has decreased by 6.1%.
The production of electrified vehicles increased by 38.5%, amounting to 45% of the total outcome of the United Kingdom.
The commercial body said Recommended Review: The mandate was positively received by manufacturers, emphasizing the government’s recognition of industry challenges, in particular the lack of sustainable consumer demand for EVS.
The expansions of grants for additional cars and trucks are considered to increase the most important market for mandate ambitions.
The EU was the largest export of British cars, accounting for 57.2% of deliveries.
The United States has left the second largest market by 15.0%, followed by China (8.5%), Turkey (2.7%) and 2.6%).
Exports in these markets are growing late in China (86.0%) and Turkey (272.1%).
The production of commercial vehicles increased by 8.2% to 8,700 points, which is due to 77.9% of domestic demand.
However, exports decreased by 31.8%, and the EU is 94.2% of CV exports.
In total, Q1 2025 has seen a 3.2% decline in car production, CV products down 27.1% and exports by 50.3%.
Manufacturers collide with the title of Q2 because of the demand for US demand and the potential of new tariffs, SMMT stated.
SMMT’s chief executive Mike said.
“The government justified the most important role of automotive production in the British export economy and now needs urgency and creativity to our competitiveness and helps to bloom factory lines.”
“In March, the production of Great Britain increased, but the Q1 numbers decrease. SMMT “originally created and published Motor Finance Online:Globaldata owned brand.
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