SMMT News UK Manufacturing

October UK vehicle production

20 November 2009 #SMMT News #UK Manufacturing

 

Source:
Cars
Commercial vehicles 
Total vehicles 
SMMT Ltd
Oct-09
YTD 2009
Oct-09
YTD 2009
Oct-09
YTD 2009
Total
106,400
801,169
7,935
74,222
114,335
875,391
 
-6.7%
-38.1%
-39.5%
-60.0%
-10.1%
-40.9%
Export
87,667
607,389
6,471
54,558
94,138
661,947
 
-7.1%
-39.2%
-18.7%
-51.7%
-8.0%
-40.5%
% of total
82.4%
75.8%
81.6%
73.5%
82.3%
75.6%
Home
18,733
193,780
1,464
19,664
20,197
213,444
 
-4.8%
-34.6%
-71.5%
-72.9%
-18.6%
-42.1%
% of total
17.6%
24.2%
18.4%
26.5%
17.7%
24.4%
 
 
·    Pace of decline in car output slowing, October’s shortfall was smallest of the year.
·         Commercial vehicle output continues to decline sharply.
·         SMMT has encouraged government to boost business confidence through its pre-budget report.
 
“The rate of decline in UK car production continued to fall in October, against a weak 2008. The scrappage scheme and early signs of recovery in global markets offer some encouragement to UK vehicle producers, but 2010 is expected to be another difficult year for the industry,” said Paul Everitt, SMMT chief executive. “SMMT has asked the chancellor to use the pre-budget report to help sustain and strengthen recovery. Building business and consumer confidence will be key factors during the first half of 2010.”
 
For more, please see the attached document.

Download

Filter News

Update Newsletter