06.12.2022
The Society of Motor Manufacturers and Traders (SMMT) has estimated that UK car production has rose up 7.4% to 69,524 units leaving factories in October 2022 alone, compared to figures in October 2021, which was 64,729 units leaving factories.
Although this is a higher number than last year, it is still massively below pre-pandemic figures. Issues with car productions began when supply chains concurred problems with global chip shortages. Chips are critical parts of modern-day car making, with each vehicle produced having at least 1,500 to maximum 3,000 of them.
The importance of getting car production has become a priority as there will be more jobs for the public, exports and economic contributions to the automotive industry.
Car output rolling over the years went from just over 1.7 million in October 2016 to currently having 781,821 thousand in October 2022.
According to SMMT around 54.9% of them majority of cars produced headed towards the European Union with “automotive-related manufacturing contributing to £67 billion turnover” in 2021.
It is no secret that the production of electric cars has also increased over the years. With UK production of battery electric (BEV), plug-in hybrid (PHEV) and hybrid (HEV) vehicles rising with a combined volume of up 20.3% and 24.115 units.