Vehicle production figures for February

 

Source:

Cars

Commercial vehicles 

Total vehicles 

SMMT Ltd

Feb-09

YTD 2009

Feb-09

YTD 2009

Feb-09

YTD 2009

Total

59,777

121,181

5,870

14,221

65,647

135,402

 

-59.0%

-58.8%

-71.6%

-65.7%

-60.6%

-59.7%

Export

46,617

97,889

4,450

10,854

51,067

108,743

 

-58.0%

-56.1%

-62.0%

-54.8%

-58.4%

-56.0%

% of total

78.0%

80.8%

75.8%

76.3%

77.8%

80.3%

Home

13,160

23,292

1,420

3,367

14,580

26,659

 

-62.2%

-67.4%

-84.1%

-80.8%

-66.7%

-70.0%

% of total

22.0%

19.2%

24.2%

23.7%

22.2%

19.7%

 

·      Car production down, as manufacturers continue to respond to falling demand

·      Commercial vehicle production weak, down 71.6% in February

        ·      Over 300,000 units have been lost from total vehicle output in the past 14 months

 

“The large fall in February’s vehicle production is a direct result of weak demand and the need to protect the highly-skilled workforce and valuable industrial capability in the UK automotive sector,” said Paul Everitt, SMMT chief executive. “We have seen action to encourage longer-term investment, but still require government support for short-time working, easier access to finance and credit and the implementation of a vehicle scrappage scheme.”

 

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