Car: Production for domestic consumption was 191,250 (13.7+%) and exports increased to 713,900 (+17.6%). The total figure was 905,100, an increase of 16.8%. Only 10% of UK passenger car sales were met by locally made vehicles, the second lowest since 1946 when my records start. Presumably, the lowest since UK car manufacturing began.
As for the monthly average, that increased from 64,600 to 74,400. I am curious as to where the increase came from but without a full breakdown by manufacturer, I can't be certain. It was probably spread across the various manufacturers.
What I do know is that until recently, Nissan's and Toyota combined were just short of half of the total. Nissan makes the Qashqai, Juke and Leaf. Toyota the Corolla hatch and wagon. Toyota needs another model to better utilise the factory.
Data source: SMMT.
Commercial Vehicle: Production for the local market was 43,400 units (+7.5%), exports were 77,000 (+25.8%), and combined 120,400 (+18.5%). After hitting a low point in 2020, CV production lifted and I assume Ellesmere Port van production will give it some sort of boost.
Combined: Production for the local market was +12.5% to 234,700 while production destined for export was +18.4% to 790,900. In total, 1025,500 vehicles were made (+17%). The totals could and should be better but it is for now moving in the right direction. Mind you, most production around the world is.
"UK vehicle manufacturing is currently steady." Indeed, but at what percentage compared to the pre-Brexit level? The European market is booming, I wonder how other countries are doing, but I doubt it would be "steady".
ReplyDelete" Most vehicles are exported which keeps the plants viable." I don't see why would that make it more viable. Its irrelevant where the revenue is coming from, but if the companies' revenues from cars shrink all the fixed costs will still need to be covered.
Jaguar's performance is sad, and I have been wondering why their abysmal sales, despite the greatest model offensive of all time and a very pleasant model range.
Until I asked for an offer, that still baffles me. It was WAY out of range for competition. This I did not understand as the pound lost quite some value to Euro (some 20% to 2015).
20 % would be a decent rebate on any aging premium cars in Europe, but instead I encountered the opposite for the F Pace.
Hello ZF. The viable comment was a criticism of local support, which is paltry. It doesn't matter where the revenue comes from but more from domestic sales would be helpful.
ReplyDeleteJLR's stance on Jaguar baffles me. I read recently that some dealers are being offered 'incentives' to drop the brand and simply have LR. If a dealer wants to sell your product and believes there is a market for them to do so, they should be encouraged.
It is part of turning Jaguar into a boutique brand but they seem to be pushing it rather than letting market forces dictate it. Jaguar is still well away from being a luxury marque so this is a hasty move to say the least. It's like JLR doesn't want to sell Jaguars until new, more expensive models eventually arrive.