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UK CAR MANUFACTURING POSTS STRONG FIRST QUARTER

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UK CAR MANUFACTURING POSTS STRONG FIRST QUARTER

Car manufacturing rose 0.3% in March, and was up 12.3% over the first quarter. CV output fell by 21.3% in March, and was down 9.6% over the first three months of the year. UK engine production fell by 8.7% in March and by 0.5% over the year-to-date. “Car production held firm in March contributing to […]

  • Car manufacturing rose 0.3% in March, and was up 12.3% over the first quarter.
  • CV output fell by 21.3% in March, and was down 9.6% over the first three months of the year.
  • UK engine production fell by 8.7% in March and by 0.5% over the year-to-date.

smmt

“Car production held firm in March contributing to 12.3% growth during the first quarter of 2012. Challenging economic conditions in mainland Europe are a concern, but the sector continues to win business in important and faster growing export markets,’’ said Paul Everitt, SMMT Chief Executive. “The prospects for the UK motor industry are extremely good with new investment, commitment and jobs being created by global automotive companies.’’

SMMT Cars Commercial Vehicles Total Vehicles Total Engines
Data. Mar-12 YTD-12 Mar-12 YTD-12 Mar-12 YTD-12 Mar-12 YTD-12
Total 135,456 401,134 9,648 29,086 145,104 430,220 227,957 681,966
% change 0.3% 12.3% -21.3% -9.6% -1.5% 10.5% -8.7% -0.5%
Export 107,785 327,226 5,941 17,314 113,726 344,540 156,672 451,294
% change -1.8% 10.2% -26.2% -13.8% -3.5% 8.7% -12.2% -7.0%
% of total 79.6% 81.6% 61.6% 59.5% 78.4% 80.1% 68.7% 66.2%
Home 27,671 73,908 3,707 11,772 31,378 85,680 71,285 230,672
% change 9.3% 22.5% -12.0% -2.4% 6.3% 18.3% 0.0% 15.5%
% of total 20.4% 18.4% 38.4% 40.5% 21.6% 19.9% 31.3% 33.8%
Gerald Ferreira

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Published : Thursday April 19, 2012

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