UK car manufacturing in April slumped by 44.5% YoY, with fewer than 71,000 cars produced during the 11th consecutive monthly decline, according to EU and Traders. It said shutdowns by manufacturers, including Honda and Jaguar Land Rover, put in place to deal with the UK's planned withdrawal from the the Society of Motor Manufacturers, originally scheduled for 29 March, were among the "costly and ongoing" measures to deal with Brexit uncertainty.
UK car manufacturing in April slumped by 44.5% YoY, with fewer than 71,000 cars produced during the 11th consecutive monthly decline, according to the Society of Motor Manufacturers and Traders. It said shutdowns by manufacturers, including Honda and Jaguar Land Rover, put in place to deal with the UK's planned withdrawal from the EU, originally scheduled for 29 March, were among the "costly and ongoing" measures to deal with Brexit uncertainty.