Categories: Europe

U.K. production rises 6% in March as chip shortages ease

British automotive manufacturing rose for a second consecutive month, climbing 6.1 % in March, as the worldwide scarcity of semiconductors and different parts eased additional, the Society of Motor Producers and Merchants (SMMT) stated in a press release.

In March, 81,605 vehicles had been made in Britain, taking the first-quarter output to 219,887 models – 6 % larger than the corresponding three-month interval a 12 months earlier.

Exports drove the expansion in manufacturing by British automakers, which rose 10 % to 61,546 models and accounted for nearly eight in 10 vehicles manufactured in March.

The energy in exports additionally offset a 5.1 % decline in vehicles made for the U.Ok. home market.

“A second consecutive month of development for U.Ok. automotive manufacturing provides trigger for optimism, although volumes are nonetheless properly beneath pre-pandemic ranges,” SMMT CEO Mike Hawes stated within the assertion.

The development of a surge within the manufacturing of hybrid, plug-in hybrid and full-electric automobiles continued, with output within the phase hovering 75 % in March, to 32,546 models.

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