McGovern – Car industry taking a hammering

The Society of Motor Manufacturers and Traders (SMMT) have reported that new car registrations were 15.7% lower in March 2018 than a year earlier.

Commenting, Alison McGovern MP, leading supporter of Open Britain, said:

Since the referendum Britain’s car industry has taken a hammering. With the Government determined to rip us out of the Customs Union and Single Market, motor manufacturers still face massive uncertainty and investment in the car industry has halved in the last two years.

“With thousands of highly-skilled and well-paid jobs still at risk from the government’s plans for a reckless hard Brexit, we all have the right to ask whether it is the right direction for our country.”

/ends

 

Notes to editors

The SMMT’s data can be accessed here: https://www.smmt.co.uk/2018/04/uk-new-car-market-falls-15-7-in-march-as-new-18-plate-hits-roads/