Rise in domestic demand sees more than a quarter of a million UK cars built in 2015
19 Mar 2015- More than 250,000 UK cars built in first two months of 2015, nearly 130,000 in February.
- Number of cars produced for the domestic market up 21.1% to 33,813 units.
- Market positive with UK manufacturers poised to see return on billions of pounds worth of investment.
“The outlook for the car manufacturing sector continues to be upbeat. More than a quarter of a million cars have been made in Britain so far this year 鈥 a steady performance, which has been led by a strong domestic market,” said Mike Hawes, SMMTChief Executive.
“The UK鈥檚 appetite for British-built cars has consistently grown, with the number of cars produced for the home market increasing 51.9% since 2011. 聽However, political instability abroad has hit certain export areas which will invariably have a small impact on total output.鈥
Car makers have invested heavily in UK production facilities, and this is expected to come to fruition in the coming year. Furthermore, the number of UK-produced components in British cars has risen steeply, meaning resilient car output will benefit the whole sector.
UK car manufacturing output year-to-date 2009, 2011, 2013 and 2015
Car manufacturing output 鈥 rolling year totals total vs home
Click through to聽download the聽UK car manufacturing news release for聽February聽2015.
