BBC news Business (UK car output driven down by plunging demand in China

  • Created by: lee42
  • Created on: 28-02-19 10:08

Plunging demand

  • The number of cars made in the UK fell in January for the eighth month in a row, with much of the decline driven by plunging demand in China and the EU.
  • Output for China was down by 72% while for the EU it was 20% lower, according to the industry body.
  • The Society of Motor Manufacturers and Traders (SMMT) said production overall fell by 18.2%, but output for destined for export was down by 21.4%.
  • However, SMMT chief executive Mike Hawes added: "The industry faces myriad challenges, from falling demand in key markets, to escalating global trade


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