27/Aug/2014 - Last News Update: 08:45

UK car production up sharply in June

Category: Business

Published: 22nd Jul 2010 09:42:37

UK car production increased sharply in June, figures have shown, rising 28.6% on the same month last year.

Almost 118,000 cars were produced in June, according to the Society of Motor Manufacturers and Traders (SMMT).

"Continued investment in new products and technology is helping to sustain growth for the sector," said Paul Everitt, the SMMT's chief executive.

Figures released earlier this month showed that UK new car sales rose 10.8% in June compared with a year earlier.

The SMMT said the rise in car production was mirrored across both commercial vehicle and engine production.

However, it did warn that the "coming months remain uncertain and sustaining economic recovery in major markets around the world remains the industry's top priority".

Production could in fact fall in the short term due to the government's austerity measures being introduced to cut the budget deficit, the body said.

"We expect to see the rate of growth slow down and even see minor drops in the next couple of months," the SMMT's Nikki Rooke told the BBC.

Source:
BBC News External Link Show Citation

Latest News

Harvard Citation

BBC News, 2010. UK car production up sharply in June [Online] (Updated 22nd Jul 2010)
Available at: http://www.ukwirednews.com/news/76287/UK-car-production-up-sharply-in-June [Accessed 27th Aug 2014]

News In Other Categories

  • RBS fined £14.5m over mortgage advice by FCA

    Royal Bank of Scotland has been fined £14.5m by the Financial Conduct Authority (FCA) for "serious failings" in its mortgage sales business.
  • Bristol Academy extends reach overseas with first foreign students

    With the doors to its brand new £1million training centre officially open, one of the UK's leading apprentice training providers, Bristol based S&B Automotive Academy, is showcasing its world-class facilities by launching a series of foreign student exchanges for the first time in its 41-year history. To get a flavour of what life is like as an apprentice in the UK, the Academy hosted 16 apprentice engineers and bus drivers from the G9 Automotive College in Hamburg, Germany, as part of a Europe-wide vocational training initiative called the ‘Leonardo Programme’ with support from the European Social Fund. In a reciprocal arrangement, S&B will be sending nine apprentices to Germany during February 2012 so that they can get an appreciation of life in the automotive industry on the Continent. A further three German exchange groups are being planned for next year. Designed to assist the development of vocational skills and training across Europe, including work placements for trainees, the Leonardo Programme has a budget of €1.75bn, which is helping to encourage UK organisations to work with their counterparts abroad. In what is expected to be another challenging year for employers in the UK automotive sector, S&B’s Chief Executive, Jon Winter, claims that the exchange initiative will bring many benefits to the Academy and its apprentices: “In a world of global automotive brands, it’s important for our learners to understand the international context of the industry they have chosen to make their career. This new exchange programme will enable apprentices and Academy staff alike to achieve a better understanding of the challenges and opportunities within the automotive arena in Europe. With the Academy’s influence also extending to the USA and Asia, there’s every possibility that this initiative could move further afield in the future.” Continued Winter: “The need for skilled technicians across the world is on the increase and we actively encourage our apprentices to look at broader horizons during their training. Many of them have already learned the phrase ‘Vorsprung durch Gelehrtheit’, quite simply, ‘Advancement through learning.” In the 2010/11 academic year, S&B doubled the number of successful Apprenticeships over the previous year with some 350 apprentices graduating from the Academy. At the same time, achievement levels reached an all-time high with an overall success rate of 85%. For those learners on the Advanced Apprenticeship three-year programme, success rates were even higher, at over 98%. PHOTO CAPTION: As part of their exchange visit, S&B Automotive Academy arranged for the German apprentices to visit Hampshire bus operator, Bluestar, at its Barton Park depot. The students are pictured with S&B’s Andy West (3rd right) and Steve Prewett, Bluestar’s Area Engineering Manager (2nd right). Ends http://www.sandbaa.com
  • Kate Bush: Before The Dawn – a first look

    Note: This feature on Kate Bush's comeback concert contains spoilers.
  • John Radcliffe Hospital opens Here For Health centre

    The John Radcliffe Hospital in Oxford has opened a drop-in centre aimed at tackling unhealthy lifestyles.
  • Scarlets: Hooker Ken Owens targets a top four finish

    Scarlets hooker Ken Owens says the region are targeting a top four finish in the Pro12.
  • Kate Bush: Before The Dawn – a first look

    Note: This feature on Kate Bush's comeback concert contains spoilers.