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October car production decline smallest of the year

Written By Faye Sunderland Published On: Nov 20 2009
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Car production in the UK fell by 6.7 per cent in October, the smallest decline of the year, the latest figures have shown.There were 106, 400 cars made in the UK last month, the Society of Motor Manufacturers and Traders (SMMT) said, showing that the rate of decline in output in slowing. The 6.7 per cent drop October on the same month last year, is proof that the market is steadying on the feeble figures of 2008.“The rate of decline in UK car production continued to fall in October, against a weak 2008. The scrappage scheme and early signs of recovery in global markets offer some encouragement to UK vehicle producers, but 2010 is expected to be another difficult year for the industry,” said Paul Everitt, SMMT chief executive.“SMMT has asked the chancellor to use the pre-budget report to help sustain and strengthen recovery. Building business and consumer confidence will be key factors during the first half of 2010.”

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