UK vehicle production stalls in August

by

Paul Everitt
Paul Everitt

Vehicle manufacturing numbers fell in August but are still up overall in 2012 according to new figures from the SMMT.

Car output fell by almost nine percent in August, but remains over 12 percent up over the year to date. Meanwhile CV output rose by 18 percent this month despite falling over five percent on the first eight months of 2012.

The figures also reveal that around 80 percent of all vehicle component types can be sourced from UK suppliers. In total the UK automotive supply chain generates £4.8 billion for the UK economy.

Interestingly too, more than 70 percent of UK suppliers manufacture their products in the UK.

SMMT Chief Executive Paul Everitt said: “Continued weak demand in Europe is a concern, although significant new investment and stronger demand from better performing global markets will ensure UK output continues on an upward trend.”

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