UK car manufacturing tops 1 million mark | Industry - Car News Oct 2013

INDUSTRY
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16:41 Friday 25 Oct 2013

UK car production continued to grow last month, with 140,888 cars rolling off the production lines last month -- 9.9 per cent more than in September last year.

Figures released by the Society of Motor Manufacturers and Traders (SMMT) also found that the number of cars produced in the UK between the beginning of the year and the end of last month stood at 1,125,433 -- a 3.9 per cent on the January-September 2012 total.

Perhaps more importantly, the rolling 12 month total for September 2012 to September 2013 hit 1.5 million -- the highest number recorded since the October 2008 and the beginning of the recession.

On top of this, demand for UK cars abroad has been strong, with exports rising by 9.3 per from a year earlier, buoyed by high demand from China, Russia and the US for luxury British brands.

Mike Hawes, SMMT chief executive said: "Boosted by strong domestic demand, September's 9.9% rise in car manufacturing reinforces how the sector is one of the UK’s biggest success stories of recent years.

"This year alone, more than £2.6 billion has been committed across the UK automotive sector, from the supply chain to global car manufacturing brands.

"This long-term financial commitment and robust demand for UK-built products demonstrate the global appetite for high-quality, desirable products borne of the UK's world-class design, R&D and engineering."

 


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