UK Auto Industry Production Falls By 7 Percent

UK Auto Industry Production Falls By 7 Percent

In 2018, sales of the automotive industry in the UK declined most rapidly over the last ten years, and interest in diesel engines fell by a third, Euronews reports.

The British organization associated with the car manufacturers and sellers provided the statistics, according to which the number of newly registered vehicles slumped by almost 7% to 2.4 million units. The sales of cars with diesel engines has been declining for three years in a row.

Representatives of the organization fear an upcoming Britain’s exit from the EU (Brexit), which, in their opinion, could have an even more negative impact on the British auto industry. Aston Martin, a sports car manufacturer, has already announced the development of an emergency response plan for Brexit.

In the EU countries, the growth in sales of new cars amounted to an insignificant 0.8%, based on the results of 2018.