Industry leaders remain positive about the future, attributing incoming investments as crucial for long-term growth. However, they urge the government to solidify its automotive strategy to support this recovery.
August is typically a slow month for car production due to summer shutdowns for staff holidays and essential factory maintenance. Last month, 42,271 cars were produced in the UK, reflecting a slight drop of 3,781 units compared to August 2023. This 8.4% decline aligns with the overall production trend for 2024, with 522,823 cars built so far, marking an 8.5% decrease compared to the same period last year.
The decline was anticipated, as many UK manufacturers are currently phasing out older models in preparation for retooling production lines to accommodate new models, including electric vehicles.