Car production rises in November

Provisional output data released today by the Office for National Statistics shows: CV output volume up six per cent in November Export growth up 25 per cent for the month, 27.3 per cent over year-to-November Rolling year to November up 26,218 units to 211,463 Christopher Macgowan, SMMT chief executive said, ‘The recovery in CV demand throughout Europe has had a positive effect on UK production facilities. They have clearly been up to the challenge, delivering state-of-the-art vehicles throughout the EU. CVs produced for home markets remain broadly stable compared to 2003, reflecting the use of the UK as a positive outlet for new home produced vans and trucks. We still expect to meet the 2004 forecast for 210,000 units manufactured in the UK.’ Initial car production figures are in the table below. Further details on all sectors are attached.DownloadClick to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window) Provisional output data released today by the Office for National Statistics shows: Total UK car production rose 4.5 per cent in NovemberHighest November output since 20001.65 million cars will have left UK production lines by the end of 2004 SMMT chief executive, Christopher Macgowan commented, ‘This year’s performance demonstrates the resilience of UK car production since the period of restructuring at the turn of the decade. Our nine volume manufacturers are now on track to produce 1.65 million cars this year and similar volumes in 2005. Growth this year has largely focused on production for export, demonstrating the value and strength of UK manufacturing in a competitive global market. Seven out of every 10 cars made in the UK are destined for export and we expect this trend to continue in 2005.’ Robust growth in CV exports to Europe Car production rises in November

Leave a Reply

Your email address will not be published. Required fields are marked *