BREAKING NEWS
This content is not available in your region

UK car output falls 15 percent in February

Access to the comments Comments
UK car output falls 15 percent in February
FILE PHOTO: Cars readied for export are parked next to a vehicle storage facility on the dockside at the ABP port in Southampton, Britain August 16, 2017. REUTERS/Peter Nicholls   -   Copyright  PETER NICHOLLS(Reuters)
Text size Aa Aa

LONDON (Reuters) – British car production slumped by an annual 15.3 percent last month as demand in important European and Asian markets fell, an industry body said on Thursday as it warned again about the damage a no-deal Brexit would do to the sector.

Output fell to 123,203 cars in February, the ninth month of declines as exports, which account for 80 percent of total production, slumped 16.4 percent, according to the Society of Motor Manufacturers and Traders (SMMT).

“The ninth month of decline for UK car production should be a wake-up call for anyone who thinks this industry, already challenged by international trade hostilities, declining markets and technological disruption, could survive a ‘no-deal’ Brexit without serious damage,” said SMMT Chief Executive Mike Hawes.

(Reporting by Costas Pitas; editing by Stephen Addison)

euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on euronews.com for a limited time.