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SMMT – VEHICLE PRODUCTION FIGURES

Source:

Cars

Commercial vehicles

Total vehicles

SMMT Ltd

Oct-09

YTD 2009

Oct-09

YTD 2009

Oct-09

YTD 2009

Total

106,400

801,169

7,935

74,222

114,335

875,391

-6.7%

-38.1%

-39.5%

-60.0%

-10.1%

-40.9%

Export

87,667

607,389

6,471

54,558

94,138

661,947

-7.1%

-39.2%

-18.7%

-51.7%

-8.0%

-40.5%

% of total

82.4%

75.8%

81.6%

73.5%

82.3%

75.6%

Home

18,733

193,780

1,464

19,664

20,197

213,444

-4.8%

-34.6%

-71.5%

-72.9%

-18.6%

-42.1%

% of total

17.6%

24.2%

18.4%

26.5%

17.7%

24.4%

* Pace of decline in car output slowing, October’s shortfall was smallest of the year.
* Commercial vehicle output continues to decline sharply.
* SMMT has encouraged government to boost business confidence through its pre-budget report.

“The rate of decline in UK car production continued to fall in October, against a weak 2008. The scrappage scheme and early signs of recovery in global markets offer some encouragement to UK vehicle producers, but 2010 is expected to be another difficult year for the industry,” said Paul Everitt, SMMT chief executive. “SMMT has asked the chancellor to use the pre-budget report to help sustain and strengthen recovery. Building business and consumer confidence will be key factors during the first half of 2010.”

201109smt_Image1

  • Pace of decline in car output slowing, October’s shortfall was smallest of the year.
  • Commercial vehicle output continues to decline sharply.
  • SMMT has encouraged government to boost business confidence through its pre-budget report.

“The rate of decline in UK car production continued to fall in October, against a weak 2008. The scrappage scheme and early signs of recovery in global markets offer some encouragement to UK vehicle producers, but 2010 is expected to be another difficult year for the industry,” said Paul Everitt, SMMT chief executive. “SMMT has asked the chancellor to use the pre-budget report to help sustain and strengthen recovery. Building business and consumer confidence will be key factors during the first half of 2010.”

Discussion

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