SMMT: UK manufacturing output falls in August, up YTD
The manufacturing output of Commercial Vehicles also showed considerable promise in the month of August, increasing by 18.3% but falling 5.5% over the year-to-date. The production of engines in the United Kingdom also showed considerable strength, rising 12.5% in August and 1.5% over the year-to-date.
‘UK vehicle production is 11.2% up this year, but down 7% in August. Volumes are traditionally low and variable in August as manufacturers use the holiday period to undertake important maintenance and facility upgrades,’ said Paul Everitt, SMMT chief executive. ‘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,’ he added.