–Year-To-Date Production Up 72.7% On Same Period 2009

LONDON (MNI) – UK car production rose 90.2% in March from the same
month of 2009, the Society of Motor Manufacturers and Traders said
today.
The rise was the largest month-on-month increase on record, the
SMMT said.

The SMMT said the impact of the scrappage scheme is “clear and we
are encouraged by the positive impact it has had,” said Paul Everitt,
SMMT chief executive.

“UK automotive production continued to make progress in March with
strong growth in commercial vehicle, engine and car production,” said
SMMT chief executive, Paul Everitt.

“Headline figures highlight the scale of challenges faced this time
last year, but also demonstrate a steady improvement in demand in home
and export markets. Industry will continue to face tough market
conditions with the Scrappage Incentive Scheme closing and limited
access to finance and credit for consumers and businesses,” he added.

–London newsroom: 44 207 862 7499; email: ukeditorial@marketnews.com.

[TOPICS: MABDS$,M$BDS$,M$B$$$,MT$$$$]