The fourth annual sustainability report on the United Kingdom motor industry contains good news on all fronts, the Society of Motor Manufacturers and Traders trade body claimed on Wednesday.
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Tailpipe emissions have fallen for the sixth successive year. Average CO2 emissions from new cars in 2002 were down 8.2% on 1997 figures and 1.9% on 2002 levels. And, as manufacturers develop ever-cleaner petrol and diesel engines, the report also shows that around 40% of car models on the market meet the tough Euro 4 emissions standard – a full two years before it comes into effect.
Vehicle production climbed for the first time in the report’s history as did the UK’s share of global car production. Car and CV registrations continue to rise reflecting economic strength, strong consumer spending and increased investment by UK businesses.
Total manufacturing turnover for the sector also rose by 1.9% year-on-year.
Staff turnover also fell for the third successive year to an average of 7%, down from 7.6% in 2001 and 10% in 2000.
