Business

UK automotive output ends run of declines to rise 5 p.c in April

LONDON (Reuters) – British automotive manufacturing overturned a number of months of declines to rise 5.2 p.c in April, boosted by new and up to date fashions and a relatively poor efficiency in the identical month final 12 months because of the timing of Easter, a automotive business physique stated on Thursday.

FILE PHOTO: New Land Rover automobiles are seen in a parking zone on the Jaguar Land Rover plant at Halewood in Liverpool, northern England, September 12 , 2016. REUTERS/Phil Noble/File Photo

Output had slumped since November in response to falling home demand, particularly for diesel fashions, and because of the changeover between older and newer automobiles.

Production for each home and abroad consumers rose in April, pushing whole volumes to 127,952 items, in keeping with information from the Society of Motor Manufacturers and Traders (SMMT).

“While April’s growth isn’t altogether surprising given the significant decline in output this time last year, it is good to see earlier planned investment into new models delivering results,” stated SMMT Chief Executive Mike Hawes.

The British automotive business is worried, nonetheless, that Brexit may see the loss of frictionless, tariff-free commerce with its largest export market.

“The ability of UK plants to attract the next wave of new models and drive future growth depends upon maintaining these competitive conditions after Brexit,” stated Hawes.

Reporting by Costas Pitas; modifying by Stephen Addison


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