Car production in Britain fell to its lowest level in 67 years in 2022, the UK's Society of Motor Manufacturers and Traders (SMMT) has revealed.
SMMT said 775,014 cars were made in Britain last year, 9.8 per cent fewer than in 2021 and 40.5 per cent below 2019 pre-pandemic levels. It is also the lowest annual output level since 1956.
However, a record 234,066 electric vehicles, plug-in hybrids and hybrid electric vehicles were made in the UK last year, with combined volumes rising 4.5 per cent accounting for a nearly a third of total car production.
"These [overall] figures reflect just how tough 2022 was for UK car manufacturing, though we still made more electric vehicles than ever before," SMMT chief executive Mike Hawes said.
But the UK is not alone — the global motor manufacturing sector had for the past two years been struggling with a shortage of key components, especially semiconductor chips. Pandemic lockdown disrupt at factories in China also caused supply chains problems.
In the UK last year, Japan's Nissan produced the most vehicles at more than 238,000, up 16.5 per cent on 2021.
Then came Indian-owned Jaguar Land Rover, with nearly 203,000 cars, although this was a decline of 8 per cent.
The most exported model was the Mini, made by the German group BMW, followed by Nissan's Qashqai.
Structural changes in the UK car-making sector over the past few years have also contributed to lower production figures.
In October, BMW said it would be moving production of electric Mini hatchbacks from Oxford in England to China. In 2021, Honda closed its site in Swindon that made Civic hatchbacks, and Stellantis stopped making Vauxhalls at its Ellesmere Port factory a year later.
Mr Hawes said car and light-van output should increase by about 15 per cent this year.
"We think we'll get back over a million [cars] probably in two years' time," he said.
On the bright side, it's been a bumper time for Britain's luxury car makers.
Volkswagen-owned Bentley produced more than 15,000 vehicles for the first time at its Crewe plant in Cheshire, while at its factory at Goodwood in West Sussex, Rolls-Royce, a subsidiary of BMW, made a record 6,021 cars last year.
Company%20profile
%3Cp%3E%3Cstrong%3EName%3A%3C%2Fstrong%3E%20WallyGPT%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2014%3Cbr%3E%3Cstrong%3EFounders%3A%20%3C%2Fstrong%3ESaeid%20and%20Sami%20Hejazi%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EFinTech%3Cbr%3E%3Cstrong%3EInvestment%20raised%3A%20%3C%2Fstrong%3E%247.1%20million%3Cbr%3E%3Cstrong%3ENumber%20of%20staff%3A%3C%2Fstrong%3E%2020%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%20%3C%2Fstrong%3EPre-seed%20round%3C%2Fp%3E%0A
Killing of Qassem Suleimani
Specs
Engine: Duel electric motors
Power: 659hp
Torque: 1075Nm
On sale: Available for pre-order now
Price: On request
Origin
Dan Brown
Doubleday
UPI facts
More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions
Company%C2%A0profile
%3Cp%3E%3Cstrong%3ECompany%20name%3A%20%3C%2Fstrong%3ETuhoon%0D%3Cbr%3E%3Cstrong%3EYear%20started%3A%20%3C%2Fstrong%3EJune%202021%0D%3Cbr%3E%3Cstrong%3ECo-founders%3A%20%3C%2Fstrong%3EFares%20Ghandour%2C%20Dr%20Naif%20Almutawa%2C%20Aymane%20Sennoussi%0D%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3ERiyadh%0D%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3Ehealth%20care%0D%3Cbr%3E%3Cstrong%3ESize%3A%20%3C%2Fstrong%3E15%20employees%2C%20%24250%2C000%20in%20revenue%0D%3Cbr%3EI%3Cstrong%3Envestment%20stage%3A%20s%3C%2Fstrong%3Eeed%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EWamda%20Capital%2C%20Nuwa%20Capital%2C%20angel%20investors%3C%2Fp%3E%0A
Mobile phone packages comparison
Types of bank fraud
1) Phishing
Fraudsters send an unsolicited email that appears to be from a financial institution or online retailer. The hoax email requests that you provide sensitive information, often by clicking on to a link leading to a fake website.
2) Smishing
The SMS equivalent of phishing. Fraudsters falsify the telephone number through “text spoofing,” so that it appears to be a genuine text from the bank.
3) Vishing
The telephone equivalent of phishing and smishing. Fraudsters may pose as bank staff, police or government officials. They may persuade the consumer to transfer money or divulge personal information.
4) SIM swap
Fraudsters duplicate the SIM of your mobile number without your knowledge or authorisation, allowing them to conduct financial transactions with your bank.
5) Identity theft
Someone illegally obtains your confidential information, through various ways, such as theft of your wallet, bank and utility bill statements, computer intrusion and social networks.
6) Prize scams
Fraudsters claiming to be authorised representatives from well-known organisations (such as Etisalat, du, Dubai Shopping Festival, Expo2020, Lulu Hypermarket etc) contact victims to tell them they have won a cash prize and request them to share confidential banking details to transfer the prize money.
