Provisional output data released today by the Office for National Statistics shows:
- Car production fell 2.8 per cent in the first half of 2005
- Export levels remain strong, up 2.5 per cent in June
- Loss of MG Rover volumes key to the slowdown, especially in quarter two
SMMT chief executive, Christopher Macgowan commented, ‘While the suspension of production at MG Rover significantly contributed to the dip in UK production in recent months, the industry is encouraged by recent news that the company has been sold to Nanjing Automobile (Group) Corporation. Hopefully, some car production will be retained in the UK as well as a new R&D and technical facility to take advantage of the expertise at Longbridge. The news should offer some hope to the thousands affected in the West Midlands.’
CV production remains strong in June
Provisional June output data released today by the Office for National Statistics shows:
- June CV production rose 0.5 per cent on June 2004
- Strong three months to June for home production, up 31.6 per cent over 2004
- Overall, CV production up 1.1 per cent over the first six months of 2005
‘UK CV output continues to build on healthy 2004 levels,’ said Christopher Macgowan, SMMT chief executive. ‘Healthy demand from the EU is supported by a strong UK market. The demand for light commercial vehicles in particular remains firm, despite signs of hesitancy in some European countries. This is a welcome contrast to the otherwise more downbeat general economic outlook.’
The table shows car production figures. Full details can be downloaded below.