UK car production experienced a nearly 12% decrease in 2024, with production figures reported at 779,584 cars and 125,649 commercial vehicles. The Society of Motor Manufacturers and Traders (SMMT) revealed a concerning 13.9% production drop in December, marking the tenth month of decline. Exports fell by 15.5% while plug-in hybrid and battery vehicle outputs dropped by 20%. Industry leaders emphasize the need for robust industrial strategies to navigate growing pains and capitalize on future electric vehicle investments in a protectionist global landscape.
UK car production declined almost 12% in 2024, with significant drops in electric vehicle output and exports, highlighting challenges amid geopolitical tensions.
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