July car production grew in the UK by around 8%, due to boost among top manufacturers expecting seasonal off-time. Production jumped 7.8% or about 136,000 cars compared to June, as reported data shows.
Plants are usually stopped for the summer to perform maintenance of the equipment. Cars produced particularly for the UK increased in number by 17.7% last month, after seven months of fall, to a degree due to an excise duty newly introduced in April. Production oriented for other countries went up by 5.3%.
The Society of Motor Manufacturers and Traders’ CEO Mike Hawes stated that UK carmakers intensified their work in July, following the ordinary route of excessive production to compensate for the demand before September and regular seasonal factory stoppages.
Periods and duration of such production stops can vary from year to year, market performance data for two latest summer months need specific treatment, however, taking into account quite stable economic situation in the UK and overseas the prospects for the volumes of production stay compliant with the expectations for the remaining part of 2017, he added.