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Car production

‘Over the first half of the year, UK car production totals stabilised at 2006 levels,’ said Christopher Macgowan, SMMTchief executive. ‘The second quarter settled, down just one per cent compared with a 7.7 per cent decline in quarter one. However, output is expected to pick up in the second half of the year with growth coming from investment in new models across sites in the UK. Forecasts suggest 2007 should end level with 2006 at 1.44 million units, with nearly eight in 10 cars destined for export.’

Commercial vehicle production

‘CV production has been buoyant in the first half of 2007,’ commented Christopher Macgowan, SMMTchief executive. ‘Production in the second quarter was up 8.6 per cent versus 3.6 per cent in quarter one. Light commercial vehicles from Ford, Vauxhall, LDV and IBC are driving growth in this sector, as all saw production rise in June.’

Full details are included in the attached document, along with a profile of Smith Electric Vehicles.

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