The forecast for the sold production of motor vehicles in the UK from 2024 to 2028 shows a steady increase. In 2023, the value stood at 40.774 Billion Euros. From 2024 to 2025, there is a year-on-year increase of 1.6%, consistent up to 2028 with a CAGR of 1.7% over the five-year period. This indicates a positive and stable growth trend in the motor vehicle production sector in the UK.
Future trends to watch for:
- Technological advancements in electric vehicles (EV) and automation.
- Potential impacts of trade policies post-Brexit.
- Shifts in consumer preferences towards sustainable and eco-friendly vehicles.
- The role of government incentives and regulations to promote green transportation.
- The continued impact of global supply chain disruptions and economic uncertainties.
Latest reports
US Automotive Market Report- Q1 2025
The US automotive market in Q1 2025 is characterized by significant shifts towards electrification, with electric vehicles (EVs) gaining substantial market share. This...
China Automotive Market Report- Q1 2025
The first quarter of 2025 marked a dynamic period for China's automotive market, characterized by significant advancements in electric vehicles (EVs), connected cars,...
Japan Automotive Market Report- Q1 2025
In Q1 2025, Japan's automotive market experienced significant shifts driven by technological advancements, regulatory changes, and evolving consumer preferences. The quarter showcased robust...
Germany Automotive Market Report- Q1 2025
The first quarter of 2025 for the automotive industry in Germany has been marked by significant shifts in market dynamics, regulatory pressures, and...
India Automotive Market Report- Q1 2025
The Indian automotive market in Q1 2025 is characterized by dynamic shifts, primarily driven by the growth of the electric vehicle (EV) segment,...
UK Automotive Market Report- Q1 2025
The UK automotive market in Q1 2025 faces a complex landscape of challenges and opportunities. The sector is navigating significant shifts driven by...
France Automotive Market Report- Q1 2025
The first quarter of 2025 has been pivotal for the French automotive industry, marked by significant shifts towards electric vehicles, regulatory changes, and...
Canada Automotive Market Report- Q1 2025
The Canadian automotive market in Q1 2025 is at a crossroads, influenced by a complex interplay of trade policies, economic conditions, and evolving...
Brazil Automotive Market Report- Q1 2025
In the first quarter of 2025, Brazil's automotive market continues to demonstrate resilience and adaptation amidst economic challenges. Despite high inflation and interest...
Italy Automotive Market Report- Q1 2025
The Italian automotive sector in Q1 2025 is navigating a period of transformative change, marked by significant challenges and emerging opportunities. This report...
