The UK’s car production this year will be less than 1 million, which is the second time since the early 1980s.

         The latest data from the Association of British Automobile Manufacturers and Dealers (SMMT) shows that this year's British car production fell by 31% year-on-year, which has caused a loss of 10.5 billion pounds (about 92.1 billion yuan).

         According to reports, the aggravation of the British new crown pneumonia epidemic and concerns about the inability to reach a trade agreement between Britain and Europe have led to a sharp drop in British car production. The Association of British Automobile Manufacturers and Dealers stated that if the UK and Europe fail to reach a trade agreement, the British automobile manufacturing industry may suffer losses of up to 55.4 billion pounds (approximately RMB 486 billion) in the next five years due to reduced output. Its ability to develop next-generation zero-emission vehicles. Even if the "most basic" trade agreement is finally reached, the auto industry will lose about 14.1 billion pounds.

         SMMT warned that the WTO tariffs will increase the cost of selling electric vehicles made in the UK by an average of 2,000 pounds in the EU. “This greatly reduces the competitiveness of UK factories and also weakens the UK’s attractiveness to manufacturers.” Tariffs will make UK sales to the EU. The price of electric vehicles produced increased by £2,800, which almost offset the British government's subsidy for zero-emission electric vehicles (£3,000).

        In November alone, British car production fell by 1.4% to 106,243 units. SMMT said that although this decline looks okay, it is mainly because the weak sales last year masked the decline. At that time, some factories chose to close their factories because they were worried about Britain's no-deal Brexit.

        Mike Hawes, CEO of SMMT, said that the decline in British car production is worrying. If we fail to reach an applicable Brexit agreement, the automotive industry will face a new nightmare. The seriousness of this concern Will be far more than now.

         In addition to the Brexit issue, Britain is also facing the epidemic. A few days ago, the new coronavirus variants discovered in the UK caused a series of chain reactions in Europe, and the transportation industry was the first to bear the brunt. To prevent the spread of the new crown virus, France and other EU member states quickly imposed travel bans on the United Kingdom, blocking transportation routes to the United Kingdom, resulting in a backlog of a large number of goods entering and leaving the United Kingdom. Affected by this, some car factories in the UK have been suspended early. For example, Toyota Motor announced that it will close its factories in the UK and France during the winter holidays starting on December 24.