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SMMT AUTOMOTIVE MANUFACTURING STRONG EXPORT MARKET DRIVES FIFTH RISE IN AUTO OUTPUT

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SMMT AUTOMOTIVE MANUFACTURING STRONG EXPORT MARKET DRIVES FIFTH RISE IN AUTO OUTPUT

UK-based car manufacturing rose 14.1% in October and is up 5.8% over the year-to-date. CV output dipped 2.9% in October, and was down 2.7% over the January-October period. UK engine production rose 12.0% in October and is up 5.7% over the first 10 months of 2011. “October was another positive month for UK vehicle production, […]

  • UK-based car manufacturing rose 14.1% in October and is up 5.8% over the year-to-date.
  • CV output dipped 2.9% in October, and was down 2.7% over the January-October period.
  • UK engine production rose 12.0% in October and is up 5.7% over the first 10 months of 2011.

“October was another positive month for UK vehicle production, with output up 12.5% and car manufacturing at its highest level since March,” said Paul Everitt, SMMT Chief Executive.

“Strong export demand for UK-built cars and engines is good news for the economy during this difficult period. Weak UK market demand is a cause for concern and makes it essential that the Chancellor uses his Autumn Statement to help encourage private sector investment and boost economic growth.”

SMMT Ltd Cars Commercial Vehicles Total Vehicles Total Engines
Data: Oct-11 YTD-11 Oct-11 YTD-11 Oct-11 YTD-11 Oct-11 YTD-11
Total 128,654 1,111,901 11,337 100,363 139,991 1,212,264 236,248 2,125,624
% change 14.1% 5.8% -2.9% -2.7% 12.5% 5.1% 12.0% 5.7%
Export 111,607 923,287 6,592 58,362 118,199 981,649 154,297 1,514,462
% change 19.6% 19.4% -21.2% -17.8% 16.3% 16.2% 1.4% 4.2%
% of total 86.7% 83.0% 58.1% 58.2% 84.4% 81.0% 65.3% 71.2%
Home 17,047 188,614 4,745 42,001 21,792 230,615 81,951 611,162
% change -12.5% -32.0% 43.4% 30.4% -4.4% -25.5% 39.5% 9.8%
% of total 13.3% 17.0% 41.9% 41.8% 15.6% 19.0% 34.7% 28.8%

Car production rolling year total

car-production-rolling-year

CV production rolling year total

cv-production-rolling-year

Gerald Ferreira

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Published : Thursday November 17, 2011

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