12:06 am, March 19, 2011
FEBRUARY saw automotive manufacturing in the UK continue it’s strong growth, the latest figures from the SMMT reveal. Car output rose by 15.1 per cent in February and the month was up 12 per cent over the year-to-date. UK engine production also increased by 10.2 per cent in February and rose 11.1 per cent over the year-to-date.
However, commercial vehicle output fell by three per cent, but still remains up 2.6 per cent over the first two months of 2011.
The SMMT’s chief executive, Paul Everitt, believes the figures spearhead recovering for the UK in the manufacturing sector.
‘UK vehicle and engine production continue to lead a manufacturing recovery,’ Everitt. ‘A 27 per cent increase in export demand highlights the strength and competitiveness of UK products. Next week’s 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,’ he added.
