Engine production idles during February
- 28/03/2022
- Posted by: Alan Feldberg
- Category: News
UK engine production fell 30.9% last month compared to the same month in 2021.
According to figures released by the Society of Motor Manufacturers and Traders, 117,551 units were produced in February.
Production for domestic and overseas markets was down 38.5% and 24.3% respectively in February.
Meanwhile, year to date, output has fallen 23.5% to 259,023 engines.
Mike Hawes, SMMT chief executive, said: “February’s engine production figures further highlight the challenging start to the year for manufacturers. With new pressures arising from soaring energy costs, as well as the continued impact of the global semiconductor shortage, the UK’s competitiveness is at risk. We need urgent action to alleviate business costs for manufacturers and encourage the investment needed to futureproof the sector and the skilled jobs it creates as the industry transitions to new technologies.”
