- UK engine manufacturing down -9.5% in January, with 241,727 units built.
- Double-digit drop in domestic demand as factories manage production ahead of key vehicle model changes.
- Six in 10 engines exported, highlighting the importance of frictionless trade with overseas markets.
Mike Hawes, SMMT Chief Executive, said,
January’s figures only serve to underline the importance of our international trading relationships and frictionless access to overseas markets. With fewer than 30 days to go until the proposed Article 50 deadline, the future of this trade hangs in the balance. It’s more crucial than ever for the future prospects of UK Automotive that a ‘no deal’ Brexit is taken off the table immediately and permanently.
SOURCE: SMMT
