Jonathan Moss, head of transport at DWF, said:
"A 15.5% drop in car production reported in May cannot be dismissed as a feature of the technological and environmental transformation that is affecting the automotive industry. A consumer’s decision to delay a purchase because of the dilemma of whether to buy an alternative fuel vehicle, rather than its petrol equivalent, does not justify this dramatic deterioration.
"The May figures are particularly significant as they mark the 12th month of a continued decline in UK car manufacturing. Whilst industry insiders blame the effect of model changes and early summer closings by some manufacturers, the reality is that the dark clouds of political instability and economic uncertainty are hanging over UK car production. With 21,239 fewer units manufactured in May, car companies are instinctively questioning what future overseas trading relationships will look like. A lack of transparency caused by Brexit ambiguity is holding back automotive investment."
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