Vehicle output for UK market plunged by 47% in June, compared to 6% rise in exports

UK carmakers are not ready for Brexit, the head of the automotive trade body has warned, as concerns about cross-border trade were underlined by fresh figures showing nearly nine in 10 cars built in the UK last month were destined for export.

Output of vehicles for the UK market plunged by 47% in June, compared with a 6% rise in exports, amid a “perfect storm” of factors, the Society of Motor Manufacturers and Traders (SMMT) said.

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Read More Carmakers not ready for Brexit, says SMMT as UK sales fall

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