Provisional output data released today by the Office for National Statistics show that:
- Commercial vehicle production rose 30.2 per cent in August
- Year-to-date CV production up 12.5 per cent on 2003
- Export market up 48.1 per cent in August, 25 per cent in the year so far
Christopher Macgowan, SMMT chief executive said, ‘August has again seen a steady rise in commercial vehicle production. CV plants throughout the UK are benefiting from the EU-wide recovery in demand for vans and trucks. With this strong demand continuing throughout the EU, it is likely to reach even higher levels by the end of the year.’
August quiet but 2004 car production remains steady
Provisional output data released today by the Office for National Statistics show that:
- Over the first eight months of 2004 car production rose by 2,185 units
- Exports remain the key market, driving year-to-date growth
- UK car output fell by 8.9 per cent to 83,231 units in August
SMMT chief executive Christopher Macgowan commented, ‘August is traditionally a quiet month for automotive manufacturers and this August is no different. Despite demand softening throughout Europe and rising UK interest rates, we are confident that output will remain on par with last year’s level.’
For full press release, comment and analysis, please click on the link below.
The table below shows commercial vehicle production data for August.
