UK ENGINE PRODUCTION DECLINES -9.3% IN FEBRUARY

UK ENGINE MANUFACTURING

(data for February 2020)

• 214,155 engines made in February as UK production declines -9.3%.
• Production for domestic car plants rises 14.0%, while exports fall -21.0%.
• More than 450,000 engines built in Britain in first two months, with 58.4% exported.

Mike Hawes, SMMT Chief Executive, said, “The UK is a global leader in engine manufacturing, thanks to its highly skilled workforce producing cutting-edge technology that is in demand the world over. However, with plants around the world now on coronavirus-led shutdown, the outlook is extremely uncertain. Government’s extraordinary package of emergency support for businesses and workers is very welcome, but if we are to maintain the sector’s competitiveness for the long term, these measures, including access to finance, must be made available immediately and to companies of all sizes.”