UK car production cools in October
Provisional output data released today by the Office for National Statistics shows:
► Production for export up 3.5 per cent over year to October
► New car production in first 10 months of 2004 down just one per cent
► October output falls 11.9 per cent
SMMT chief executive, Christopher Macgowan commented, ‘Despite a dip in October car production, levels over the year to October show that we remain on a par with last year. UK automotive manufacturing has a bright future. SMMT’s second annual issues survey of senior executives, to be published at the SMMT Annual Dinner, will show that we have much to be proud of. With the right skills in the workforce, an increase in R&D and a cautious approach to the introduction of new regulation by government, the industry has a very positive future.’
Export markets drive CV production upwards
Provisional output data released today by the Office for National Statistics shows:
- Commercial vehicle production up 11.3 per cent in October, 14 per cent on year-to-date
- Production for export rises 27.5 per cent over year to October
- Rolling 12 month total to October up 25,228 units to 210,322
Christopher Macgowan, SMMT chief executive, said, ‘The growth in commercial vehicle assembly remains robust. Over the most recent three months to October, production has risen 21.4 per cent, with 38.2 per cent for the export market. UK plants are keyed-in to a firm revival in demand for vans and trucks in the rest of the EC. Annual volume has now topped 210,000 units and with two months to go to complete the calendar year, it will probably nudge further ahead.’
The table below shows car production data
