February fall reported in year-on-year car production
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.OUTPUT from Britain's car factories surprisingly fell by 3 per cent last month compared with February 1992, writes Michael Harrison.
The decline in output from 114,192 a year ago to 110,844 was the first year- on-year fall since last August.
However, on a seasonally adjusted basis car production rose by 5 per cent in February compared with January, according to figures from the Society of Motor Manufacturers.
The mixed signals about the health of the motor industry were further confused by the breakdown of production in February.
This shows that, despite the sharp decline in sales in most Continental car markets, production for export rose by 4.4 per cent last month.
In contrast, output for the domestic market - which grew 16 per cent last month - was down by nearly 9 per cent on the previous year.
Commercial vehicle output in February, meanwhile, was down nearly 16 per cent from a year earlier at 17,912.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments