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UK car production 'is suffering'

Mon, 23 Feb 2009
With Brits growing increasingly reluctant to splash out on buying a car, UK production is suffering, it has been reported.

According to the Society of Motor Manufacturers and Traders (SMMT), output fell by 58.7 per cent last month.

Paul Everitt, the group's chief executive, said the drop in production highlights the urgent need for the government to step in to protect the industry and people's jobs.

He stated: "European markets have been lifted by scrappage incentive schemes and SMMT continues its call for a UK plan to boost the new vehicle market."

Mr Everitt also suggested by making finance and credit more readily available to motorists, the government could make buying a car a more attractive and realistic proposition.

Earlier this month, SMMT recommended every vehicle owner who was prepared to scrap a model more than nine years old should be given £2,000 towards a new car.

It claimed this would help the environment by taking older, less fuel-efficient motors off the road, as well as providing a much needed boost to the market.

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