GLASSGUIDE

16 August -  Car manufacturing 'performing well' according to SMMT figures

Car manufacturing 'performing well' according to SMMT figures

Figures from the Society of Motor Manufacturers and Traders (SMMT) show that car output rose for the 13th consecutive month, up 22.2 per cent in July and 15.1 per cent for the year to date.

Published today, the organisation's monthly output figures show that commercial vehicle output stabilised, down 1.3 per cent in the month with a 7.7 per cent fall for the first seven months.

Engine production was up 0.3 per cent over the year, with a 1.9 per cent downturn in the month.

In a statement, Paul Everitt, SMMT chief executive, said: 'Car manufacturing continued to perform well, with output up more than 22 per cent for the month and 15 per cent for the year to date.

'While uncertainty in Europe remains a challenge, the £6bn investment committed to the UK in the last two years delivers long-term growth opportunities and the latest figures show that our products have enormous global appeal.'


News Source: www.theengineer.co.uk

More Info: Click here


Commentable Post a Comment

Up to 600 characters, no html please
Name:
Email:
Comment: