Car exports from the United Kingdom to India are down, Tata Range Rover models hold on to popularity
LONDON: Car exports from the United Kingdom to India registered a drop compared to the previous year, attributed to different tastes in India, amid a general drop in car exports from the United Kingdom.
The Society of Motor Manufacturers and Traders (SMMT) discovered that UK manufacturers sold only 744 units to India in 2019, compared to 1,199 units in 2018 and 1,144 units in 2017.
“India is an important market; It is a rapidly growing country, with a rapidly growing demand. But if the United Kingdom meets the needs and tastes of the market, it is a different matter, said SMMT CEO Mike Hawes.
Referring to the post-Brexit scenario of a new trade agreement between India and the United Kingdom, he added: All that the auto industry would want is a free and fair trade.
As part of the data published annually by the influential agency representing the British auto industry, Tata Motors property clung to its popularity in the top 10 export models with Range Rover Sport in the N. ° 5 followed by Range Rover Evoque , Ranger Rover and get to the account led by Nissan Qashqai.
Overall, UK car production fell 14.2 percent in 2019, a fall attributed to multiple factors, including the weakened confidence of consumers and businesses in the country, a slower demand in key markets abroad, a series of significant changes in the production of models and a change of diesel throughout Europe.
Factory closures scheduled to mitigate the expected disruption resulting from the unfulfilled Brexit deadlines of March 29 and October 31 also played an important role during the previous year.
With the United Kingdom formally leaving the European Union (EU) this week, the SMMT is calling for an ambitious free trade agreement between the United Kingdom and the EU that boosts competitiveness, growth and prosperity.
Although shipments to the remaining 27 EU countries fell, by -11.1 percent, he stressed that the economic bloc is still the most important market in the sector and its share of exports increased by two percentage points to 54.8 percent.
Given the uncertainty that the sector has experienced, it is essential that we restore our global competitiveness and that begins with an ambitious free trade agreement with Europe, which guarantees that all automotive products can be bought and sold without tariffs or additional charges, Hawes said.
Trade with the following largest markets in the United Kingdom, USA. UU. (Representing 18.9 percent of export volumes), China (5.3 percent) and Japan (3.2 percent) also fell, with exports falling 9.8 percent, 26.4 percent and 17.7 percent respectively.
However, the renowned small-volume car manufacturing sector in the United Kingdom challenged the trend with the growing demand of some brands that increased production by 16.2 percent in the last year.