February 1, 2023

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Gigabit: Auto Production at Lowest Level Since 1956 – Altima Aura

(ANSA) – LONDON, Jan. 26 – Britain’s annual car production has fallen to its lowest level since 1956, largely due to a global shortage of semiconductor chips, according to industry data released today.

About 775,000 cars were manufactured last year by foreign-owned automakers in the country, the Association of Automobile Manufacturers and Traders said, down about ten percent from 2021. SMMT added that production in 2022 was down about 41 percent from what it was before the Covid pandemic. In 2019. At the same time, data showed that the UK produced a record number of electric cars.

“The main reasons for the decline in production were the crippling global shortage of semiconductors, which limited the ability to manufacture cars in line with demand,” the organization said. SMMT noted that manufacturing was also affected by “significant structural changes, reflecting the loss of production at two key manufacturing sites – and the impact of supply chain disruptions in China due to the Covid lockdown”.

The Japanese auto giant Nissan produced the largest number of cars with more than 238,000 units, an increase of 16.5% year on year, followed by the Indian company Jaguar Land Rover with about 203 thousand cars, albeit with a decrease of more than 8% compared to 2021. The German BMW Group, It was the most exported, followed by the Nissan Qashqai.

Almost 80% of the vehicles produced last year were made for export, with the largest demand coming from the European Union. (Dealing).

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