Engine production rose 3.9% in September 2017, with more than 248,463 units made for home and export markets. Domestic demand was up 11.1% compared with September 2016, but exports make up 51.3% share of output. More than 2 million new British engines have been manufactured year-to-date, an increase of 5.0% on 2016.
Mike Hawes, SMMT chief executive, said: “UK engine manufacturing has repeatedly demonstrated the benefits of long-term investment into R&D and plants. It’s pleasing to see production exceed the 2 million mark already but future success depends on strong demand at home and abroad. The European market, which is the destination for the majority of our engines, continues to grow so it’s important we maintain free and frictionless access.”
SMMT www.smmt.co.uk