The decline in UK car production slowed in June, to its smallest fall so far this year.
Figures released by the SMMT showed 2009 production between January and June was down by 50.2 per cent, to 410,740 units, on the same period in 2008.
But June’s fall was only 30.2 per cent, the smallest decline of the year to date. Pan-European scrappage schemes have helped boost sales across Europe and 79 per cent of cars made in this country in June were for export.
SMMT chief executive Paul Everitt said the figures showed the UK car production industry was on its way to recovery.
“The UK motor industry is weathering the global recession and beginning the long road to recovery,” he said.
“As production volumes and registrations begin to stabilise, government must help to sustain consumer confidence and encourage banks to deliver the credit industry needs.”