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Vehicle Production Slumps In Britain
May 01, 2007

In August 2006 production of car and commercial vehicles slumped in Britain, according to the Office for National Statistics.

According to the Office for National Statistics, in August 2006 production of car and commercial vehicles slumped in Britain. A total of 8,746 units were made in the UK, representing a drop of 19.5 percent on the August 2005 figure.

Export production symbolized 49.9 percent or 4,363 units of UK Commercial vehicle production in August and 65.5 percent or 85,239 units of Commercial vehicle production between January and August. Last eight months UK exports represented 74.5 percent of total vehicle production of 1,120,491 units in the country.

Commercial vehicle output cut down 22.0 percent to 8,748. Christopher Macgowan, the Society of Motor Manufacturers and Traders' chief executive said, while August car production was lower this year as compared to 2005, the car industry has been boosted by recent announcements from Nissan and BMW, both of which have made commitments to UK plant investment.

Christopher Macgowan, SMMT chief executive said, it's not only evidence to the skills and abilities of the UK manufacturing workforce, but will also help to support the supply of large-scale mechanism from British-based companies.

On Commercial vehicle production figures, he added that fuelled by demand on the mainland, production for export proves a hopeful trend. UK vehicle production has dropped slightly this year, following some industrial restructuring. However, in general the overall outlook is good both in the United Kingdom and mainland Europe.

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