UK car manufacturing hits 44 year low in November: Report

UK car manufacturing hit its lowest November output since 1980, as the industry tackles the shift to zero emissions and increasing costs, as per data released on Friday by SMMT- the Society of Motor Manufacturers and Traders, Reuters noted.

Factory lines produced 64,216 units in November, which translates to a drop of 30.1% from the previous year. 

In spite of the global auto sector's shift towards electrification, the production of battery electric, plug-in hybrid and hybrid electric cars fell 45.5% to 19,165 units in November, representing almost a third of total output, Reuters noted. 

SMMT also reiterated for the government to review the 'ZEV mandate' regulation, which could see carmakers face nearly 6 billion pounds($7.55 billion) in discounts and compliance costs.

The ZEV or zero emission vehicle mandate, is a government policy tool that requires car manufacturers to sell a certain percentage of electric vehicles each year.