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Record increase in UK car production

March saw a record 90.2% rise in UK car production in the, compared with the same month last year, according to new figures from the Society of Motor Manufacturers and Traders (SMMT).

It was the fifth consecutive month in which annual car production had risen, the SMMT added.

Output for both home and export markets has increased, with home production more than doubling on March 2009`s figures.

Commercial vehicle output rose 61.6% and UK engine production was up 43.6%

“UK automotive production continued to make progress in March with strong growth in commercial vehicle, engine and car production,” said SMMT chief executive, Paul Everitt. “Headline figures highlight the scale of challenges faced this time last year, but also demonstrate a steady improvement in demand in home and export markets. Industry will continue to face tough market conditions with the Scrappage Incentive Scheme closing and limited access to finance and credit for consumers and businesses. A solid exchange rate and the world class competitiveness of the UK industry should help to sustain demand over the longer term.”

Apr 22, 2010MTI
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