Friday, 15 June 2012

UK New Car Manufacturing on the Rise


With over 140,000 units produced by car plants in May represents and eight year high for the UK motor industry. Although it is the highest output since 2004, it is a massive increase of 42.2 percent over May 2011, most due to complications in sourcing supplies during the aftermath of the Japanese tsunami.  

Out of the overall 141,146 cars made, 120,120 are due for export markets and 21,026 for due to go on domestic sale.

Paul Everitt, boss of the Society of Motor Manufacturers and Traders, said: “Car manufacturing in May hit the highest level of output since 2004, a sizeable recovery against volumes hampered by last year’s Japanese tsunami. This boost, coupled with robust year-to-date results, demonstrates the strength of UK automotive manufacturing and shows why it continues to attract high levels of international investment.”

Although non-commercial sales saw a welcomed increase, commercial sales declined 7.4% in May with less levels of Demand. The UK’s engine output passed 1 million in May, up by 40,000 in the same time last year.
Vince Cable, Secretary of State for Business, Innovation and Skills, praised the UK automotive industry for coming through the economic downturn and becoming one of the most productive motor industries in Europe.

Manufacturers such as Nissan, Vauxhall, Jaguar, Landrover, Mini, Honda and Toyota now build their high volume cars in the UK. 



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