UK Car production up 15% in Feb

Car Production

Car Production

February saw a 15.1% increase in car production, compared with the same month last year in the UK.

Export-led growth continued, aiding the increase, and a 10.2% increase in engine output followed, according to a report from the Society of Motor Manufacturers and Traders. (SMMT)

Chief Executive of the SMMT, Paul Everitt, asses that a 27% rise in exports had boosted the figure and “highlights the strength and competitiveness of UK products”.

He was wary of next week’s Budget however, pleading with the government to strengthen the industry, rather than weakening it.

He added that the Budget, “will be crucial in creating the conditions for further investment in skills, R&D and capital equipment, all essential for growth and maintaining global competitiveness,”

Commercial vehicle production was down 3% in February, continued the report, although it was still up 2.6% for the year.

Total annual output production for 2011 is now up 12% on the year before.

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