SMMT vehicle production figures out this morning show a significat year on year rise against a very low 2009.
“The recovery in UK vehicle and engine production continued for the seventh consecutive month, with commercial vehicle output more than doubling against a weak 2009,” said Paul Everitt, SMMT chief executive. “There is concern that fiscal consolidation across Europe may impact demand in the months ahead and it is important that next week’s budget helps to sustain consumer and business confidence, as well as encouraging UK investment in new technology and advanced skills.”
The summary is as follows
- Car production rose by 54.0% in May and was up 62.6% over the year-to-date.
- Commercial vehicle output rose by 129.0% in May and 55.7% in first five months.
- UK engine production was up 35.9% in May and by 40.0% over the year-to-date.
More detail
