Car production figures up in April

Back

Car insurance are preparing to cover a flood of new vehicles after production figures accelerated by 44 per cent in April compared to last year's figures, it has been announced.

In the UK in April 2010, a total of 98,290 cars were made and the sharp increase in manufacturing highlights how deep in recession the motor industry was during the early months of last year. The Society of Motor Manufacturers and Traders (SMMT) also confirmed the production of commercial vehicles (CV) had increased by 40.8 per cent to 10,777 in April.

Compared to car production in January to April 2009, this year's figures are 64.9 per cent up, while CV production was 44.3 per cent ahead in the first four months of 2010. UK engine production also leapt from the recession, increasing 38.2 per cent in April and 41 per cent over the first four months of this year.

Car production for the home market rose a huge 150.5 per cent last month, while CV production for the home market rose 102.4 per cent. SMMT chief executive Paul Everitt said the April figures reflected "a good start to the second quarter of 2010".

He said: "A number of UK product launches and the introduction of new technologies are helping to sustain demand despite an expected slowdown following the end of the scrappage scheme.

"The home market saw a significant increase in the month, a positive indication of a strengthening economy and an improvement in consumer confidence."

Copyright © Press Association 2010

Get a car insurance or home insurance quote now.