UK Car Manufacturing hit a six year high in 2013 with 1,509,762 cars produced and looks to be heading for record-breaking levels.
UK car manufacturing hits six-year high in 2013
The car market in Europe may have been a painful place in 2013, but that hasn’t stopped UK car manufacturing continuing to grow, with 2013 delivering a total of 1,509,762 cars – the highest total since 2007 and up 3.1 per cent on 2012.
In fact the rate of growth and investment is so strong – moire than £2.5 billion in investment announcements in 2013 – that the Society of Motor Manufacturers and Traders (SMMT) are reporting that analysts believe the UK’s car manufacturing could break all-time records in the next four years.
Business Secretary Vince Cable said:
Today’s figures are another sign that the British car industry is going from strength to strength – with one vehicle rolling off a production line somewhere in the UK every 20 seconds.
Our success lies in the appetite from countries around the world for British cars. Around 80% of the 1.5 million cars we produced last year were exported – a testament to the diverse, high quality of British manufacturing.
The continuing rise of UK car manufacturing looks set to continue, and with strong growth in China – which looks set to become the UK’s biggest non-EU destination for cars – we should see exports, which actually declined 0.9 per cent in 2013, adding to the total in 2014.
Have your say - leave a comment