Car Manufacturing Rises in UK across 2010
Car Manufacturing rises in UK
Car manufacturing has shown an impressive increase over the course of 2010 figures released today (December 16th) show.
Paul Everitt, Chief Executive of the Society of Motor Manufacturers commented “UK vehicle production has increased in almost every month of 2010 and is driving a manufacturing led recovery. The 11.1% rise in car production in November was almost twice the rate of growth recorded in October, with year-to-date production up by almost 30% on last year. Production of commercial vehicles was up 21.2% in November, whilst engine production also returned to growth after a dip in October. This year vehicle and engine production look set to better 2009 performance by some 300,000 units and while sales in 2011 will be challenging both domestically and in key export markets, SMMT expects modest production growth across the board.”
Paul Neale from AI, a leading insulation manufacturer to the automotive industry based in Rugby comments “This rise if good news for the industry and there is evidence to suggest that this momentum will continue during 2011”.
The figures is full from The Society of Motor Manufacturers are as follows:
|MMT Ltd||Cars||Commercial Vehicles||Total Vehicles||Total Engines|
|Data:||Nov-10||YTD 2010||Nov-10||YTD 2010||Nov-10||YTD 2010||Nov-10||YTD 2010|
|% of total||85.2%||74.9%||78.9%||72.3%||84.7%||74.6%||69.4%||72.0%|
|% of total||14.8%||25.1%||21.1%||27.7%||15.3%||25.4%||30.6%||28.0%|
· Car output rose by 11.1% in November and 28.7% over the year-to-date.
· CV output rose 21.2% in November and 37.1% over the year-to-date.
· UK engine output rose 1.0% in November and 17.6% over the year-to-date.