UK car manufacturing has been given a massive boost by new figures which have revealed the industry is in better shape than at any time in the past decade.
There have been 36,000 more units produced in the UK so far this year than at the same point in 2014, the best year-to-date production figures since 2005. A total of 1,318,452 new cars rolled off UK production lines in the first 10 months of 2015. The success appears to have been driven by strong export demand, with over one million British-built cars being shipped abroad so far this year. The upbeat figures come despite a slight dip in October output compared to the same month last year, attributed to a number of major brands gearing up for the production of new models.
Mike Hawes, Chief Executive of the Society of Motor Manufacturers and Traders who released the latest figures today, said, “Despite a small drop in overall output last month, the industry has delivered a robust performance so far this year, particularly in terms of exports. Given the slowdown we've seen in several key global markets in recent months, UK automotive manufacturing still remains in a strong position.”
Click here to sign up for our monthly newsletter
Popular news stories
 |
 |
 |
 |
|||
|
|
||||||
