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Slowdown: Jaguar vehicles roll down the production line at Castle Bromwich
UK car manufacturing has fallen for a fifth consecutive month as factories switch to electric vehicles.
Industry figures were released in July, showing a year-on-year drop of 14.4 percent.
The Society of Motor Manufacturers and Traders (SMMT) said the decline was mainly due to “model changes and temporary supply challenges”.
Car manufacturing volumes so far this year are down 8.6 per cent, compared with 2023. The SMMT has cut its full-year forecast, predicting that output for 2024 will fall below 1 million.
UK production fell 5.1 percent, while export volumes fell 16.3 percent.
The total output was estimated to be worth more than £20 billion, an increase in value.
The average ex-factory price of a car has risen from £38,200 in 2023 to £41,800 this year.
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