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The Rate Of Decline In UK Car Production Smallest This Year

20/11/2009

By Lea Pachta

The Society of Motor Manufacturers and Traders (SMMT) published a report today revealing UK car manufacturing figures.

The highlights of the report are:
- Pace of decline in car output slowing, October's shortfall was smallest of the year.
- Commercial vehicle output continues to decline sharply.
- SMMT has encouraged government to boost business confidence through its pre-budget report.

Paul Everitt, SMMT chief executive explained:

"The rate of decline in UK car production continued to fall in October, against a weak 2008. The scrappage scheme and early signs of recovery in global markets offer some encouragement to UK vehicle producers, but 2010 is expected to be another difficult year for the industry."

"SMMT has asked the chancellor to use the pre-budget report to help sustain and strengthen recovery. Building business and consumer confidence will be key factors during the first half of 2010."

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