November 26, 2021
London (Reuters) – UK car production fell 41.4% annually last month to the lowest October level since 1956 as a global shortage of semiconductor chips and factory closures hit the sector, according to a trade industry group. bottom.
A total of 64,729 cars have rolled off the UK production line, data from the Association of Automakers (SMMT) showed Friday.
This dip reflects global supply chain issues and Honda’s complete closure of its plant in late July.
Vehicle production in the first 10 months of the year was 721,505 units, down 2.9% from 2020, when the site was shut down for several months due to a coronavirus pandemic hit the UK.
Citing an independent forecast from Auto Analysis, SMMT said that full-year vehicle and van production is expected to fall below 1 million units for the second consecutive year, but to exceed that level in 2022.
Mike Hawes, Chief Executive Officer of SMMT, said:
(Report by Costas Pitas; edited by William Schomberg)
UK car production in October, the lowest since 1956 in a chip shortage
Source link UK car production in October, the lowest since 1956 in a chip shortage