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Drop in car production smallest this year
UK car production declined by 6.7% in October compared with a year earlier - the smallest annual decline of the year, according to data released by the Society of Motor Manufacturers and Traders (SMMT).
The SMMT have revealed that there were 106,400 cars made last month as the continuing impact of the government's scrappage scheme helping boost sales.
However, despite the smallest annual decline this year in sales, the industry is still struggling, with car sales down 38% this year from 2008.
"The rate of decline in UK car production continued to fall in October, against a weak 2008. The scrappage scheme and early signs of recovery in global markets offer some encouragement to UK vehicle producers, but 2010 is expected to be another difficult year for the industry," said Paul Everitt, SMMT chief executive.
Post Date: November 20th, 2009
The SMMT have revealed that there were 106,400 cars made last month as the continuing impact of the government's scrappage scheme helping boost sales.
However, despite the smallest annual decline this year in sales, the industry is still struggling, with car sales down 38% this year from 2008.
"The rate of decline in UK car production continued to fall in October, against a weak 2008. The scrappage scheme and early signs of recovery in global markets offer some encouragement to UK vehicle producers, but 2010 is expected to be another difficult year for the industry," said Paul Everitt, SMMT chief executive.
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Post Date: November 20th, 2009
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