Fleet News

Car production down in July

Car production was down 8.9% for the first time in nine months in July, but rose 41.7% year-to-date, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT).

Meanwhile, commercial vehicle output grew by 10.7% and 43.2% in first seven months, and engine production fell by 3.4%, but was up by 28.7% over the January to July period.

“UK car and engine production was down in July for the first time since October 2009. The easing of demand was anticipated following the end of scrappage incentives in markets around Europe,” said SMMT chief executive Paul Everitt.

“UK vehicle production is more than 40% up on last year’s levels and whilst we expect some challenging conditions, economic growth has returned in all major markets around the world.”
 


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