UK vehicle manufacturing was down -17.7% YoY in January, up from -27.1% YoY in December, as a result of a surge in manufacturing in January 2024.

• Car output fell -14.3% YoY to 71,104 units, and commercial vehicle output crashed -41.5% YoY to 6,908 units.
• Vehicles meant for domestic purchase crashed -30.5% YoY with domestic car output down -30.4% YoY and commercial vehicle domestic output down -31.1% YoY.
• Total vehicle exports were down -13.4% YoY with car exports down -9.2% YoY and commercial down -46.6% YoY.
• UK production of battery electric (BEV), plug-in hybrid (PHEV) and hybrid (HEV) vehicles increased 1.5% YoY to 30,028 units, accounting for 42.2% of all cars made in January, the highest monthly performance since December 2022 (47.2%).