Economic news

UK car production dips sharply in July

Britain’s car factories produced 11% less vehicles in July in comparison to the same period a year back. The number of cars leaving production facilities was 121,000, marking a 35% drop in models intended for local market, as shows the Society of Motor Manufacturers and Traders’ data.

Photo: Anna Gowthorpe/PA

The slide in automobiles made for other countries made up 4.2% in the month. Some 955,500 vehicles were manufactured during the January-July period this year, with a 16% fall in cars for Britain and 1.2% for foreign markets.

The industry is moving steadily towards projected volumes for the year regardless of production cutbacks, the Society said.

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