UK industrial car (CV) manufacturing grew by 53.6% in September, with 11,979 vans, buses, vehicles, coaches and taxis rolling off British manufacturing facility strains.
In line with the Society of Motor Producers and Merchants (SMMT) September output ranges reached their highest since 2011, marking 9 months of consecutive progress.
September’s output is the best of any month up to now this 12 months, pushed by sturdy orders from abroad markets, mentioned the SMMT, rising by 70.4% to 7,333 items with 95% of those destined for the EU.
Manufacturing for the UK additionally grew, up 32.9% on the identical month final 12 months, to 4,646 items.
12 months-to-date, total manufacturing volumes are up 50.8% establishing the perfect first 9 months efficiency since 2012, with 76,807 items manufactured in Britain since January. That is 21.5% increased than the pre-pandemic five-year common and 44.6% above efficiency in 2019.
Mike Hawes, SMMT chief govt, mentioned, “In a sector that continues to face vital challenges, Britain’s industrial car producers have reacted with willpower to ship the perfect September in additional than a decade. Vital demand from abroad markets not solely demonstrates the enchantment of UK-built CVs, however reveals the important function this sector performs in powering the UK financial system. Lengthy-term progress, nevertheless, will rely on operator confidence and a aggressive enterprise framework for producers, so the brand new authorities should take a long-term method, addressing excessive power costs and different price impacts that maintain again funding.”
