The UK car manufacturing industry is toasting the latest figures from the Society of Motor Manufacturers and Traders (SMMT) which show an increase in production last month.
May saw a rise in UK car manufacturing output of 2.3 per cent, with 119,338 units rolling off the production lines. Strong growth in the domestic market, up by 13.3 per cent compared to the same month last year, counterbalanced a small decline in the number of vehicles produced for the export market. The SMMT are also predicting continued growth ahead for UK car manufacturing as a result of already planned investment in new British-built models.
SMMT Chief Executive Mike Hawes, said, “We have seen a steady performance in UK car manufacturing this year with volumes bolstered by a strong home market, while recovery in key European markets is helping to restore export production levels. Long-term, the picture is promising: ‘Built in Britain’ is still in high demand all over the world, with buyers attracted not only by iconic British brands but also by the high quality of our engineering. With a significant number of new models due to start production in the coming months, we anticipate a strong, sustained upturn in output volumes in the years ahead.”
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