SMMT News UK Manufacturing

Cars produced for export hits record total in 2004

24 January 2005 #SMMT News #UK Manufacturing

Provisional output data released today by the Office for National Statistics shows:

  • Output for export hit record levels in 2004, up three per cent to 1,179,753 units
  • Production for UK market fell 9.1 per cent bringing total just short of 2003

SMMT chief executive, Christopher Macgowan commented, ‘Stability has returned to car production landscape in the last few years. Total volumes have remained steady at around 1.65 million units, although output for export has been rising steadily and is now running at record levels.

‘However, while the picture is generally positive we need to guard against complacency. The UK hosts some of the most productive car plants in Europe, but rising raw material and fuel costs, as well as unfavourable exchange rates, play their part in threatening future prosperity, particularly for companies in the supply chain.’

Strong growth in CV assembly in 2004

Provisional output data released today by the Office for National Statistics shows:

  • CV output volume up 10.8 per cent in 2004 with exports up 24.5 per cent
  • December was only the third fall in output over the past 15 months
  • 2004’s assembly of 209,293 was the highest total since 1999

‘The 2004 figures show UK commercial production figures over 10 per cent up on the previous year,’ said Christopher Macgowan, SMMT chief executive. ‘Last year was a record breaker for CV registrations in the UK and it is encouraging to see production climbing too. European demand has helped export figures increase by 25 per cent and new UK product developments will help keep those figures up. It’s great to have so much good news from the CV sector.’

For full press release, please click on the link below.


Filter News

Update Newsletter