January car production slips 37 per cent

Provisional output data released today by the Office for National Statistics show: Total production fell 3.7 per cent or 5,286 units in January 2005 Output for home market climbed 4.3 per cent in January ‘Car production in the UK continues to benefit from positive news’, said SMMT chief executive, Christopher Macgowan. ‘Investment at the Nissan and MINI plants already announced in 2005 will take the total to around £3bn for volume car plants in the last five years. In a global industry, it is these decisions that endorse the UK’s strength as a production base, with more car makers than any other in Europe and some of the world’s most efficient car plants.’ Strong commercial vehicle exports in January Provisional output data released today by the Office for National Statistics show: Strong export growth contrasts with lower home market production January CV output volume down 13.5 per cent on January 2005 2005 outlook – modest growth after last year’s near 11 per cent growth ‘Last year was a great year for commercial vehicle building in the UK’, said Christopher Macgowan, SMMT chief executive. ‘UK plants showed themselves more than capable of meeting a big increase in European demand. New models should help to maintain the UK market this year. We expect very good numbers and may match last year’s record CV registration total.’ For more information and full production figures please see attached.DownloadClick to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window) read more