SMMT News UK Manufacturing

October Vehicle Production

23 November 2006 #SMMT News #UK Manufacturing

Source:

Cars

Commercial Vehicles

Total vehicles

SMMT Ltd

Oct-06

YTD 2006

Oct-06

YTD 2006

Oct-06

YTD 2006

Total

116,159

1,228,777

19,869

171,487

136,028

1,400,264

-7.0%

-9.1%

7.9%

-1.0%

-5.1%

-8.2%

Export

95,780

937,920

13,557

111,533

109,337

1,049,453

-3.7%

-5.0%

9.6%

5.1%

-2.2%

-4.1%

% of total

82.5%

76.3%

68.2%

65.0%

80.4%

74.9%

Home

20,379

290,857

6,312

59,954

26,691

350,811

-19.6%

-20.0%

4.4%

-10.6%

-15.0%

-18.5%

% of total

17.5%

23.7%

31.8%

35.0%

19.6%

25.1%

Cars
‘Although car production fell in October, increased industry investment did in fact result in increased volumes for some plants,’ said Christopher Macgowan, SMMT chief executive. ‘However, we should not be complacent because manufacturers are likely to have one eye firmly on low-cost production – a fact we expect to be confirmed when the fourth annual SMMT issues survey is published next week.’

Commercial Vehicles
‘Commercial vehicle production has shown its second successive increase in October, due to high activity on the van front,’ said Christopher Macgowan, SMMT chief executive. ‘Interestingly, heavy truck volumes dropped with the passing of the 1 October Euro 4 deadline, which was the likely cause of the distortion to production trends in this sector of the market.’

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