- Engine production rises 4% in October 2015 compared with same month last year.
- Exports continue to rise, with manufacturing for overseas markets up 13.2% month-on-month.
- Total year-to-date production remains relatively steady, down 1.3% on 2014.
Mike Hawes, SMMT Chief Executive, said, “Continued overseas demand for UK-built engines drove sector growth of 4% in October, compared with the same month last year. Some 135,434 engines were produced for foreign markets, representing an uplift of 13.2%. Year-to-date volumes fell slightly by 1.3% set against a 1.3% increase in exports, while overall output surpassed the two million unit milestone, reflecting the stability of the market.”
Click through to download the October 2015 engine manufacturing release.