“Positive” September sets the pace for manufacturing in 2012
September’s strong performance in the vehicle manufacturing sector will act as a precedent for the forthcoming year after new sales revealed earlier this month left many disappointed across the industry.
The number of cars manufactured last month rose by 7.5% to 136,051, according to figures released today by the SMMT.
Commercial Vehicles also pulled their weight with an extra 6.2% being produced in comparison to September 2010.
Despite this positive improvement which saw the UK manufacturing 12,046 CVs, the year’s rolling total sat at 89,026, 2.7% behind the same point last year.
Opening up opportunities
Paul Everitt, Chief Executive of the SMMT, said 2011 has been an exciting and encouraging year for the British motor manufacturing industry with Jaguar Land Rover, Nissan, and MINI placing huge future projects in the hands of British workers.
“September saw a 7.4% increase in UK vehicle manufacturing, confirming a positive trend we expect to continue into 2012,” commented Everitt.
“Major new investment by vehicle manufacturers is opening up opportunities for UK-based suppliers, helping to drive the economic recovery and private sector investment.”
In June, Nissan announced that their Sunderland plant would be responsible for delivering the new Qashqai, news which created 6,000 new jobs [more on that here].
Barely 24 hours later, BMW CEO Norbert Reithofer revealed that £500m would be invested into ensuring that the next line of MINI models are produced in Britain [full story].
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