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UK Car Output Hits 70-Year Low After Cyber Attack
28 Nov
Summary
- October car production fell 23.8% year-on-year, hitting a 1956 low.
- Jaguar Land Rover's cyber attack forced a five-week factory shutdown.
- Industry body criticizes new EV pay-per-mile levy as detrimental.
UK car manufacturing experienced a severe downturn last month, reaching its lowest October output since 1956. Production figures revealed a 23.8% decrease compared to the previous year, with just over 59,000 vehicles produced. This significant decline highlights the fragility of the automotive sector.
The crisis was exacerbated by a major cyber attack on Jaguar Land Rover, the UK's largest carmaker. This incident led to a five-week shutdown of its factories, impacting not only the company but also its extensive network of suppliers. Production only resumed in early October after a complete halt in September.
Adding to the industry's challenges, the Society of Motor Manufacturers and Traders (SMMT) has branded the government's new pay-per-mile levy on electric vehicles as counterproductive. They argue this new tax will discourage demand and harm the UK's investment appeal, urging the government to reconsider its implementation.
