Friday, July 18, 2025
  • Login
Forbes 40under40
  • Home
  • Technology
  • Innovation
  • Real Estate
  • Leadership
  • Money
  • Lifestyle
No Result
View All Result
  • Home
  • Technology
  • Innovation
  • Real Estate
  • Leadership
  • Money
  • Lifestyle
No Result
View All Result
Forbes 40under40
No Result
View All Result
Home Technology

UK car manufacturing hits 44-year low in November, industry data shows

by Riah Marton
in Technology
UK car manufacturing hits 44-year low in November, industry data shows
Share on FacebookShare on Twitter


UK CAR manufacturing hit its lowest November output since 1980, as the industry grapples with the shift to zero-emission vehicles and rising costs, according to data released on Friday (Dec 20) by the Society of Motor Manufacturers and Traders (SMMT).

Factory lines produced 64,216 units in November, a 30.1 per cent drop from the previous year.

“While a decline was to be expected given the extensive changes underway at many plants, manufacturing is under pressure at home and abroad, with billions of pounds committed to new technologies, new models and new production tooling,” said Mike Hawes, chief executive of SMMT.

Despite the global auto sector’s shift towards electrification, production of battery electric, plug-in hybrid and hybrid electric cars fell 45.5 per cent to 19,165 units in November, representing almost a third of total output.

SMMT also reiterated for the government to review the ‘ZEV mandate’ regulation, which could see carmakers face nearly £6 billion (S$10 billion) in discounts and compliance costs. REUTERS

Share with us your feedback on BT’s products and services

Tags: 44yearCarDataHitsIndustryManufacturingNovemberShows
Riah Marton

Riah Marton

I'm Riah Marton, a dynamic journalist for Forbes40under40. I specialize in profiling emerging leaders and innovators, bringing their stories to life with compelling storytelling and keen analysis. I am dedicated to spotlighting tomorrow's influential figures.

Next Post
FedEx to spin off its freight trucking business

FedEx to spin off its freight trucking business

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Forbes 40under40 stands as a distinguished platform revered for its commitment to honoring and applauding the remarkable achievements of exceptional individuals who have yet to reach the age of 40. This esteemed initiative serves as a beacon of inspiration, spotlighting trailblazers across various industries and domains, showcasing their innovation, leadership, and impact on a global scale.

 
 
 
 

NEWS

  • Forbes Magazine
  • Technology
  • Innovation
  • Money
  • Leadership
  • Real Estate
  • Lifestyle
Instagram Facebook Youtube

© 2024 Forbes 40under40. All Rights Reserved.

  • About Us
  • Advertise
  • Contact Us
No Result
View All Result
  • Home
  • Technology
  • Innovation
  • Real Estate
  • Leadership
  • Money
  • Lifestyle

© 2024 Forbes 40under40. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In