SMMT News UK Manufacturing

March UK vehicle production figures

24 April 2009 #SMMT News #UK Manufacturing

Source:

Cars

Commercial Vehicles 

Total vehicles 

SMMT Ltd

Mar-09

YTD 2009

Mar-09

YTD 2009

Mar-09

YTD 2009

Total

61,829

183,010

8,074

22,295

69,903

205,305

 

-51.3%

-56.6%

-57.1%

-63.0%

-52.1%

-57.4%

Export

46,458

144,347

6,399

17,253

52,857

161,600

 

-52.6%

-55.0%

-46.4%

-52.0%

-51.9%

-54.7%

% of total

75.1%

78.9%

79.3%

77.4%

75.6%

78.7%

Home

15,371

38,663

1,675

5,042

17,046

43,705

 

-47.2%

-61.6%

-75.6%

-79.3%

-52.6%

-65.0%

% of total

24.9%

21.1%

20.7%

22.6%

24.4%

21.3%

 

·      Car production more than halved in March to bring quarter one volumes down 56.6%

·      Commercial vehicle production fell by 63% in the first quarter, after a further steep fall in March

·         It is hoped that the introduction of the scrappage incentive scheme will help stimulate the market

 

“The figures show that urgent action is necessary to kick-start demand in the motor industry and the introduction of a UK scrappage incentive scheme is an important first step,” said SMMT chief executive Paul Everitt. “Efforts to restore confidence and improve access to finance, particularly for companies in the supply chain, are key to sustaining our industrial capability. The motor industry has an essential role in the UK‘s economic future, but it will be some months before we see any significant increase in output.”

 

For more, please see the attached press release.

 

 

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