Production figures released today by the Office for National Statistics show that:
- Car production in the last three months climbed 9.5 per cent
- Output over the year-to-date slipped 0.3 per cent
Commenting on the new data, SMMT chief executive Christopher Macgowan said, ‘Changes to plant schedules resulted in a disappointing but temporary dip in new car production. Despite the decline, year-to-date output remains on par with last year’s level boosted by a strong third quarter total. We are still expecting full year production to reach 1.65million units’
CV output down 20.3 percent on August last year
Provisional output data released today by the Office for National Statistics show that:
- Year-to-date down 0.4 per cent on the same period in 2002
- CV output volume in August 2003 fell 20.3 per cent on August 2002
SMMT chief executive Christopher Macgowan said, ‘CV production over the year-to-date remains virtually the same as that for the same period last year. Trends over the past three and six months show the sector is holding 2002’s positive outcome, up 10.2 and 1.8 per cent respectively. Strong domestic demand helps UK plants balance the effect of weaker demand in continental Europe. Rigid and artic production held up well despite the 1,300 plus loss of ERF and Seddon Atkinson volumes. 2002’s LCV growth spot has faded somewhat in recent months, especially in August as holidays and some refocusing made a mark. We think full year volumes will hit 195,000 units.’
