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The automotive semiconductor shortage, increased raw material prices, and cost of living crisis, spurred by rising inflation rates, led to a UK car production drop in 2021 and a further output...
The automotive industry in the United Kingdom is now best known for premium and sports car marques including Aston Martin, Bentley, Caterham Cars, Daimler, Jaguar, Lagonda, Land Rover, Lister Cars, Lotus, MG, McLaren, Mini, MOKE, Morgan, Rolls-Royce and TVR.
The UK automotive industry is a global leader in production and exports, with a £100 billion-plus trade by 2023 and a commitment to net zero mobility. The report highlights the challenges and opportunities of trade with the EU and other markets, and the role of the sector in the UK economy and the global challenge of climate change.
Learn about the UK automotive industry's economic, social and environmental impact, its trade and export opportunities, and its skills and innovation. Find out more about SMMT's events, membership, and support for the UK automotive sector.
Jan 26, 2023 · London CNN — UK car manufacturing hit a 66-year low in 2022, as the closure of two plants, a global shortage of semiconductors and the effect of Covid lockdowns in China on auto supply chains...
Nov 29, 2021 · After contracting 25.6% in 2020, British automotive output is forecast to rebound by only 8.5% in 2021, as the current semiconductor shortage severely affects production. New car registrations decreased 34% year-on-year in September 2021.
