UK vehicle production soars

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The Independent Online

Car and commercial vehicle (CV) production roared ahead last month compared with May 2009, it was announced today.

A total of 104,365 cars were produced in the UK in May 2010 - a 54 per cent rise on the same month last year, the Society of Motor Manufacturers and Traders (SMMT) said.

CV production totalled 10,745 last month - rising a massive 129 per cent on May 2009 when the industry was still suffering from a deep recession.

UK engine production was up 35.9 per cent last month compared with May 2009.

SMMT chief executive Paul Everitt said: "The recovery in UK vehicle and engine production continued for the seventh consecutive month, with commercial vehicle output more than doubling against a weak 2009.

"There is concern that fiscal consolidation across Europe may impact demand in the months ahead and it is important that next week's Budget helps to sustain consumer and business confidence, as well as encouraging UK investment in new technology and advanced skills."