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Fewer British cars being built
Friday, September 21, 2012
LONDON, England (AFP) — The number of cars built in Britain fell by almost nine per cent in August, compared with the same month last year, snapping a 13-month run of gains, industry data showed on yesterday.
The Society of Motor Manufacturers and Traders (SMMT) said production dropped 8.9 per cent to 78,577 vehicles last month.
“Volumes are traditionally low and variable in August as manufacturers use the holiday period to undertake important maintenance and facility upgrades,” SMMT chief executive Paul Everitt said in a statement.
“Continued weak demand in Europe is a concern, although significant new investment and stronger demand from better performing global markets will ensure UK output continues on an upward trend.”
SMMT added that engine production jumped 12.5 per cent to 149,024 units in August.
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