February 9, 2012

 

UK car production down nearly 59% in January

A total of 61,404 news cars were produced last month, 58.7% lower than January 2008, as plants closed for extended winter shutdowns.

  • Car production continued to fall sharply, down 58.7% in January
  • Commercial vehicle production also posted a substantial fall, down 59.9%
  • Plants announce further action in response to weak global demand
  • 83.5% of car output allocated for export is a record for any January

  • “Following extended winter shutdowns, vehicle output continued to fall in January in line with expectations. The extent of the decline highlights the critical need for further government action to deliver the measures already announced and ease access to finance and credit,” said SMMT chief executive Paul Everitt. “The proportion of cars exported peaked in January, evidence of the resilience of UK automotive manufacturing. European markets have been lifted by scrappage incentive schemes and SMMT continues its call for a UK plan to boost the new vehicle market and support employment throughout the sector. The motor industry reiterates its request for an urgent government response.”

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    Source: SMMT

    Car industry demands further help as production slumps 58% - The Guardian

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