Friday, April 26, 2013
UK car manufacturing (data for March 2013)
Car output falls in Q1, but growth expected in full year
"Car output fell 2% in Q1 2013 as UK vehicle manufacturers continue to grapple with weak demand in Europe," said Mike Baunton, SMMT Interim Chief Executive. "Other factors such as extended facility holidays during the Easter period may have also impacted production volumes in March, during which output declined 6%. Despite ongoing difficult market conditions, UK automotive manufacturing is expected to grow overall in 2013 and beyond, fuelled by significant investment from global automotive companies."
Car manufacturing
|
Mar-12
|
Mar-13
|
% Change
|
YTD-12
|
YTD-13
|
% Change
|
Total
|
135,392
|
126,909
|
-6.3%
|
401,425
|
393,416
|
-2.0%
|
Home
|
27,689
|
28,091
|
1.5%
|
74,277
|
90,253
|
21.5%
|
Export
|
107,703
|
98,818
|
-8.2%
|
327,148
|
303,163
|
-7.3%
|
% export
|
79.5%
|
77.9%
|
81.5%
|
77.1%
|
Car output rolling year total
Notes
Data presented is from a regular survey of selected UK manufacturers: 14 car manufacturers, nine CV and six engine manufacturers.
The Society of Motor Manufacturers and Traders (SMMT) is one of the largest and most influential trade associations in the UK. It supports the interests of the UK automotive industry at home and abroad, promoting a united position to government, stakeholders and the media. The automotive industry is a vital part of the UK economy accounting for £55 billion turnover and £12 billion value added. With more than 700,000 jobs dependent on the industry, it accounts for 10% of total exports and invests £1.3 billion each year in automotive R&D. For more details, see SMMT's Sustainability Report 2013 and Motor Industry Facts 2013 at www.smmt.co.uk/publications
DATED: 26.04.13
FEED: HA
