UK Car production rises for first time in 14 months
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Car production in the UK was up 15.7% in November, the first rise since September 2008 and commercial vehicle output, while continuing to fall, saw the pace of decline slow down.
Almost 113,000 cars came off the production line in November, around 80% of them destined for export. In the 11 months to date, the production total is914,000, 34% down on the same period in 2008.
Commercial vehicle production for November was 9,000, 16% down and bringing the total for the year so far to 83,000, 58% down on last year.
Paul Everitt, chief executive at the Society of Motor Manufacturers and Traders, said: "November saw the first increase in UK car production since September 2008, reflecting the positive impact of scrappage schemes and economic stability in a number of major European markets. "Total vehicle production is still well below previous levels and 2010 is set to be another tough year with considerable uncertainty at home and abroad. It is essential that governments continue to sustain and strengthen economic recovery, improving access to credit and encouraging investment in new technologies and products."
"Weak demand in key sectors of the economy and fragile business confidence continues to stall recovery in commercial vehicle output. Production volumes have fallen in every month since September 2008. While the November figures represent the smallest recorded fall in the past 14 months, the sector is still down almost 60% on the year-to-date."
