Sunday, June 24, 2007
UK car production down in May but CVs rise
UK CAR production in May showed a 2.9% decline to 128,483 units, according to figures from the Office for National Statistics.
Production of cars for export (103,045 units) was down by 2.3% and production for the home market dropped 5.4% (25,438 units).
"The car production figures continue to reflect the loss of Peugeot, with over 9,000 units missing compared to May last year," said Christopher Macgowan, SMMT chief executive. "However, this month was just 3,833 down and so we remain optimistic that production in 2007 will hit, at the very least, the same volume as last year."
Year-to-date production figures show a decline of 5.1% to 626,777 units.
Commercial Vehicles
It was better news for UK production of commercial vehicles.
A total of 16,955 commercial vehicles was produced - a 12.3% rise. Production for the home market (6,415 units) showed a 34% rise in the month. Year-to-date, figures show a 2% increase at 90,853 units.
"It is the sheer diversity of the British automotive sector that helps keep it on an even keel," said Macgowan. "Trucks and vans - diverse products themselves - continue to add value to UK plc, with 60.8% of production so far this year heading for export markets."
DATED: 24.06.07
FEED: AW
Production of cars for export (103,045 units) was down by 2.3% and production for the home market dropped 5.4% (25,438 units).
"The car production figures continue to reflect the loss of Peugeot, with over 9,000 units missing compared to May last year," said Christopher Macgowan, SMMT chief executive. "However, this month was just 3,833 down and so we remain optimistic that production in 2007 will hit, at the very least, the same volume as last year."
Year-to-date production figures show a decline of 5.1% to 626,777 units.
Commercial Vehicles
It was better news for UK production of commercial vehicles.
A total of 16,955 commercial vehicles was produced - a 12.3% rise. Production for the home market (6,415 units) showed a 34% rise in the month. Year-to-date, figures show a 2% increase at 90,853 units.
"It is the sheer diversity of the British automotive sector that helps keep it on an even keel," said Macgowan. "Trucks and vans - diverse products themselves - continue to add value to UK plc, with 60.8% of production so far this year heading for export markets."
DATED: 24.06.07
FEED: AW
