Car production falls |
| Monday, 26 March 2007 | |
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Car production slumped last month with volumes down almost 12 per cent to 115,651 units.  Car volumes slumped last month Latest figures from the SMMT show that the year-to-date is now 4.2 per cent behind last year at 239,841 units.
Exports continued to provide the majority of production, with cars built for overseas accounting for almost three-quarters of volumes.
Commercial vehicle production also suffered as numbers slipped by 4 per cent year-on-year in February but the year-to-date remained 2 per cent ahead.
It comes as no surprise that we have seen a fall, Macgowan SMMT chief executive Christopher Macgowan said upheavals in the manufacturing sector meant the decline did not come as a surprise.
“With car production ceased at Peugeot and a model changeover at Toyota's facility, it comes as no surprise that we have seen a fall in volume during February,” he said.
February car productionFebruary 2007
115,651 units = 11.8% fall
Year-to-date
239,841 = 4.2% fall
Source: SMMT
“All indications are that the full year forecast is still on course to achieve greater output than last year.”
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