SMMT News UK Manufacturing

UK vehicle production falls 27% in October

21 November 2008 #SMMT News #UK Manufacturing

Source:

Cars

Commercial Vehicles 

Total vehicles 

SMMT Ltd

Oct-08

YTD 2008

Oct-08

YTD 2008

Oct-08

YTD 2008

Total

114,058

1,295,192

13,106

185,641

127,164

1,480,833

 

-25.1%

0.7%

-41.0%

3.6%

-27.1%

1.1%

Export

94,382

998,939

7,963

113,064

102,345

1,112,003

 

-24.1%

1.6%

-42.5%

4.9%

-25.9%

1.9%

% of total

82.7%

77.1%

60.8%

60.9%

80.5%

75.1%

Home

19,676

296,253

5,143

72,577

24,819

368,830

 

-29.5%

-2.1%

-38.6%

1.7%

-31.6%

-1.4%

% of total

17.3%

22.9%

39.2%

39.1%

19.5%

24.9%

 

·         Car production falls 25.1% in the month to the lowest October level since 1991.

·         Commercial vehicle production remains up over the year, but down 41% in the month.

·         Year-to-date volumes down 27.1% for all vehicles, but 75% still destined for abroad.

·         SMMT urges government to support UK manufacturing and to restore confidence in the market.

 

“The October production figures reflect the rapid reduction in global demand for motor vehicles and we expect to see further reductions in factory output in November and December,” said Paul Everitt, SMMT chief executive. “The figures are evidence of the scale of the challenge facing the industry and underline the need for prompt action in next week’s pre-budget report to assist the sector during this difficult period.”

 

For more, please see the attached files.

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