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.
Data source: SMMT
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
No comments