April experiences 13% drop in UK car production
Thursday, 23 June 2011 A data report from the Society of Motor Manufacturers (SMMT) has revealed a year-on-year 13 per cent decrease of UK car production from April 2010 to April 2011.
The report shows 94,939 vehicles were produced in the 12-month period. But despite this decline in production, physical output for the first four months of 2011 actually rose to 484,326 units – 5.8 per cent higher than the figures for the same January – April period for last year.
According to additional SMMT data both passenger car and commercial vehicle sectors reported a decline in output in April, with a total of 86,306 cars built, down 12.2 per cent.
Paul Everitt, SMMT’s chief executive officer, said: “April’s vehicle and engine production figures reflect the global production challenges resulting from the Japanese earthquake.
“Output was down across the car, commercial vehicle and engine sectors as parts shortages interrupted regular manufacturing schedules. All manufacturers are working hard to overcome supply shortages and we expect any downturn to be short lived.”
As much as 83.2 per cent of total vehicle production in April was purely production for exports and this bodes well for the future of the British motor industry.
“The outlook for the UK motor industry is extremely good and this should generate new opportunities for vehicle manufacturers and suppliers,” said Everitt.
An increasing number of exported vehicles may be a result of a growing used car market in the UK. ASM Auto Recycling brings together the UK’s largest independent motor salvage dealers to provide tens of damage-repairable vehicles every week at a car salvage auction.
Not only are vehicle owners becoming more savvy in their approach to buying used car parts as a replacement for existing broken or worn parts, many car enthusiasts look for online salvage auctions to pick up a bargain. Several auctions contain high-value vehicles that can be restored to legal roadworthy order, potentially earning enthusiasts a profit in the process!
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