25/01/2022

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UK engine production falls for sixth consecutive month

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UK engine production falls for sixth consecutive month

British isles factories created 132,555 engines in November, down 30.two% 12 months on 12 months. Production for both of those domestic and export markets fell by 22.four% and 35.two% respectively and 12 months to day output was off nine.5% to one,539,786 models as opposed to a weak 2020 and 36.three% below the 5-12 months common.

Mike Hawes, SMMT chief government, explained: “Engine output declining for the sixth consecutive month underscores the severity of the current circumstance. The world lack of semiconductors proceeds to devastate production of both of those completed autos and engines, with knock-on results into the supply chain threatening the viability of many companies.

“With ongoing uncertainty around the most likely influence of the pandemic and achievable disruption to trade with the EU with the implementation of full border controls from one January, assurance is incredibly lower, so authorities should undertake all actions to retain both of those the viability and intercontinental competitiveness of this beneficial sector.”

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