The UK automotive market grapples with dual crises
In general, the automotive industry in the United Kingdom was hit hard by the coronavirus pandemic, and vehicle sales were much lower in 2020 than one year earlier. This trend was echoed by international trade figures, as export volumes of passenger cars slumped to about 750,000 units, down from a peak of 1.7 million units in 2016. The UK has traditionally had strong ties with its trade partners in the European Union. However, export volumes started falling rapidly post-Brexit and dropped to a historic low amid the coronavirus crisis in 2020.
Can the UK vehicle manufacturing industry rekindle its successful past?
In light of ongoing Brexit-related woes in the manufacturing sector, it seems unlikely that the UK vehicle manufacturing sector will make a comeback soon. Once the largest exporter of cars in the world, automobile brands originating in the UK still hold prestige around the world, even if many are currently owned by foreign companies. The UK passenger car production level dropped to roughly 921,000 units in 2020, down almost 30 percent on the previous year. The leading manufacturer was the Japanese carmaker Nissan, closely followed by domestic brand Jaguar Land Rover.
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