Skip to content
Saturday 29 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE · FR
MorningWire

European business, markets and politics

FTSE 100
10,824.26
+0.29%
DAX
26,569.99
+0.77%
CAC 40
8,401.18
+0.98%
STOXX 50
6,485.67
+0.95%
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
More
GermanyFranceEU InstitutionsCompetitionPublic AffairsBankingTechnologyEnergy
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
  • DE
Thursday 26 October 2023 6:00 am  |  Updated:  Wednesday 25 October 2023 10:25 pm

UK car production reaches highest level in three years but post-Brexit tariffs loom

By: Morning Wire Reporter

Add as a preferred source on Google
UK motor insurers break payout records as the sector battles rising cost

The number of cars built in the UK increased by almost 40 per cent last month, driven by a rise in exports, figures show.

A total of 88,230 vehicles left UK factories, 25,105 more than September last year and the best September figure for three years, the Society of Motor Manufacturers and Traders (SMMT) said.

Exports increased by a third, with almost six in 10 cars going to the EU.

Electrified vehicle production increased by 41.5 per cent, but the SMMT said urgent action is needed to ensure UK and EU trade remains competitive next year.

Car production has reached almost 660,000 so far this year, around 14.9 per cent above the same period in 2022.

The SMMT said there had been notable growth in deliveries to the US, China and Turkey, although the EU continues to be Britain’s leading trading partner “by some distance”, with 37,563 UK-built cars shipped to the bloc last month.

The SMMT warned that tougher rules of origin for batteries come into force in January which, if fully passed on, would raise the average cost of UK-built battery electric vehicles by £3,600 in Europe.

Mike Hawes, SMMT chief executive, said: “A particularly strong period of car making is good news for the UK, given the thousands of jobs and billions of pounds of investment that depend on the sector.

“With countries around the world shifting to zero-emission motoring, Britain is well placed to be a global EV manufacturing hub if the investment and trading conditions are right.

“Given the increasing importance of electrified car production, the first and urgent step is for the UK and EU to agree to delay the tougher rules of origin requirements that are due imminently.

“This would give the necessary breathing space for automotive sectors on both sides of the Channel to scale up gigafactories and green supply chains, both of which are essential for a stable, long-term transition.”

Alan Jones – Press Association

Read more

Inside Cristiano Ronaldo’s £20m car collection

Cristiano Ronaldo in a white suit and shorts, leaning on a black Brabus G-Wagon luxury SUV.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Transport & Infrastructure

Trending Articles

  • Pensioners to hand over bank statements in government benefits crackdown

  • Jamie Carragher: HMRC petitions for Sky Sports star to be declared bankrupt

  • Brewdog founder James Watt hits out at ‘total silence’ over new venture

  • Lloyds Bank and Halifax users unable to use app in latest outage

  • As it happened: FTSE 100 falls but Nasdaq soars after Nvidia sales boom

More from Morning Wire

  • Inside Cristiano Ronaldo’s £20m car collection

    Life&Style
    Cristiano Ronaldo in a white suit and shorts, leaning on a black Brabus G-Wagon luxury SUV.
  • EV targets set to be watered down

    Transport & Infrastructure
    Car bodies on an assembly line in a UK car plant, showcasing EV manufacturing process
  • Anthony Hamilton’s cars – including a special jaguar – just sold for £2.9m, here’s why

    Life&Style
    Light blue David Brown Automotive Speedback GT sports car, front 3/4 view, at an auto show display.
  • This is Bentley’s first electric car, the Torcal

    Life&Style
    Close-up of a matte dark grey Bentley car with a B logo and red taillights
  • Lamborghini’s new Revuelto pays tribute to the Miura

    Life&Style
    Modern and vintage supercar models, including Lamborghini Miuras, parked in a paved European-style plaza
  • Audi’s brought back the A2, and it’s gone electric

    Life&Style
    Two Audi A2 concept cars with distinctive designs parked by a waterfront cityscape at sunset.
  • Lexus ES 350e Review: Is this the best electric executive car?

    Motoring
    Lexus ES350e electric car in light blue, parked on a paved driveway in front of a stone building.
  • Public sector makes wage growth higher than expected

    Economics
    London has defied national trends as job postings in the capital rose.
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • EU Institutions
  • Europe

Business

  • Markets
  • Business
  • Economy
  • Regulation
  • Competition
  • Public Affairs

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook