UK ENGINE MANUFACTURING
(data for March and Q1 2017)
- UK engine manufacturing output rises a fifth in March (19.5%) to 271,359 units.
- Home market delivers 21.4% increase in production for the month – exceeding overseas growth in a reversal of the year-to-date trend.
- March export demand grows 18.0%, with 153,206 units shipped overseas.
- Record quarter as Q1 exceeds 700,000 units for first time, up 11.4% year-on-year.
Mike Hawes, SMMT Chief Executive, said, “While Easter’s late arrival was a contributing factor, resulting in more productive hours in the month, it is encouraging to see growth in the domestic market bounce back to deliver a strong year-to-date performance at home and away. The results of recent significant investment in engine production capacity are clear to see – and yet more evidence of the sector’s ongoing resurgence.”
