Posted by UK car production rose again in November with 80,091 cars leaving the assembly line. However, it is still below pre-pandemic levels as semiconductor shortages continue to hit the auto industry.
According to the Society of Motor Vehicle Manufacturers (SMMT), production increased by 5.7% compared to November 2021, six of the last seven months.
Electric vehicles—battery electric, plug-in hybrids and hybrids— accounted for more than a third of vehicles produced in November. Its sales increased by 18.3% compared to November 2021 to 29,318 units.
read more: Best-selling cars: UK’s most popular models for November
Since January, UK manufacturers have built a combined 209,930 of these vehicles, a 2.9% increase over the same period in 2021.
Overall, domestic production increased by 59.1% to 20,206 units, while exports fell by 5% to 59,885 units. But 2021 was a “dismal” year, with production dropping to his lowest level since 1956.
Approximately 723,846 vehicles left the showroom this year. This is a 9.2% decrease compared to 797,265 recorded at the same point in 2021.
Exports accounted for 74.8% of all vehicles produced in November, with the majority of shipments (57.3%) going to the EU, followed by the US (21.9%) and China (5.9%).
Chip shortages and other supply chain issues continue to be a problem for automakers, according to SMMT.
read more: Car insurance costs rise 2% on average to £436
SMMT CEO Mike Hawes said in a statement, “Supply chain shortages, overseas lockdowns, and several structural and product changes have combined to reduce production volumes for most of 2022. have been curbed, but there is renewed hope that these problems will begin to ease in 2023.
“While this could give the economy a much-needed boost, it still needs stability and more competitive conditions to attract the investment needed for long-term growth—especially the devastating to reduce long-term energy costs,” he added.
