UK engine manufacturing output returned to growth, up 6.7% in December. But output fell 6.2% over the year, following retooling at a number of facilities.
“Last year was one of underlying positivity for UK engine manufacturing with full year output down on 2013, due to retooling for new products at a number of plants,” said Mike Hawes, SMMT chief executive.
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“Investment exceeding GBP1bn over the last few years from manufacturers, including BMW, Ford and Jaguar Land Rover, is expected to add GBP2.5bn to the sector’s turnover in the coming years. This is beginning to manifest itself in monthly output growth.”
| Engine manufacturing | Dec-13 | Dec-14 | % Change | YTD-13 | YTD-14 | % Change |
| Total | 149,170 | 159,193 | 6.7% | 2,553,316 | 2,394,668 | -6.2% |
| Home | 49,677 | 61,317 | 23.4% | 1,022,034 | 907,199 | -11.2% |
| Export | 99,493 | 97,876 | -1.6% | 1,531,282 | 1,487,469 | -2.9% |
| % export | 66.7% | 61.5% | 60.0% | 62.1% |
