29 July 2016

UK Production Volume : Jan - Jun 2016

Much has been said about what the future may hold for the UK car industry. Generally speculative nonsense from a media industry I now have little trust or respect for. Never let the truth get in the way of a sensationalised story. I now read headlines and it looks like media hype, I don't even go there.

As for the real UK car industry story, June was a mixed bag.


Cars were up 10.4% and 13.0% YTD, a solid result with some brands doing really well and carrying some doing less well. It's the strongest part of the industry at the minute. Rating: Modest but growing nicely.


Commercial vehicles were very poor, down 21.7% in June and -2.2% YTD. The loss of the Land Rover Defender has been a deleterious factor and now CV production in the UK mainly relies on just two volume producers, GM and Leyland DAF. Rating: Feeble.

Engine manufacturing is up 6.3% for June and +7.5% YTD. The home market is what is doing the business while exports look a bit soft. Rating: Strong.


Car June +/- YTD +/-

Total 158,641 10.4% 897,157 13.0%

Home 35,252 24.3% 202,018 7.1%

Export 123,389 6.9% 695,139 14.9%

% Exp 77.8%
77.5%

CV June +/- YTD +/-

Total 7,686 -21.7% 47,621 -2.2%

Home 3,710 -22.5% 22,772 -7.0%

Export 3,976 -21.0% 24,849 2.7%

% Exp 51.7%
52.2%

Comb June +/- YTD +/-

Total 166,327 8.3% 944,778 12.2%

Home 38,962 17.6% 224,790 5.5%

Export 127,365 5.7% 71,998 14.4%

% Exp 76.6%
7.6%

Engine June +/- YTD +/-

Total 242,011 6.3% 1,360,201 7.5%

Home 106,652 26.8% 593,060 32.7%

Export 135,359 -5.7% 767,141 -6.3%

% Exp 55.9%
56.4%

Data source: SMMT

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