Friday, November 20, 2009

Gotta love the spin..

Decline in car output rate smallest this year

It's still a negative downslide, and when you're making nearly nothing, there's not much further you can fall is there ? UK car production fell by 6.7% in October compared with a year earlier - the smallest annual decline of the year, industry figures have shown. There were 106,400 cars made last month, the Society of Motor Manufacturers and Traders (SMMT) said. The continuing impact of the government's scrappage scheme and a recovery in global markets is helping to drive production, the SMMT said. Earlier, employers' group CBI called on the government to extend the scheme.

Posted by exiges @ 02:10 PM (556 views)
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