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UK engine production still on track for record year
UK engine manufacturing, unfortunately, declined -9.5% in September as UK demand fell due to an output drop from UK car plants. Production for export, however, has driven demand, up 8.9% in the month and 14.6% in the first three quarters of 2018. Year-to-date output has surpassed 2m units with volumes up some 60,000 on the same period in 2017.
Mike Hawes, SMMT Chief Executive, said, “Given September’s drop in output from UK car plants, it’s no surprise to see engine production follow suit. Preparation for tough new emissions tests, model changes and operational restructuring have all played a role, and today’s figures, which also show healthy exports growth, highlight our reliance on global demand for our advanced, low emission powertrains. To ensure this sector continues to break records, maintaining free and frictionless trade is imperative.”