Thursday 29 May 2014

UK car production rises 7% in 2014

UK car production rose 21.3 per cent in April to 133,437 units, the biggest monthly rise since July 2012.

Year-to-date volumes increased 6.9%, with January-April exports up 8.7%.

Full-scale production of new models is boosting output at car plants nationwide.

"The thriving nature of the UK car manufacturing industry was evident in April as output grew at its highest rate for almost two years," said Mike Hawes, SMMT Chief Executive.

"New model introductions are fuelling growth, while Europe - which currently accounts for around half of exports - is now seeing an upturn in demand. As investments continue to be realised, we expect further rises in the coming months; good news for the thousands of suppliers and employees across the country that rely on this industry."

Table below shows details
Car manufacturing
Apr-13
Apr-14
% Change
YTD-13
YTD-14
% Change
Total
110,033
133,437
21.3%
503,449
538,240
6.9%
Home
22,278
26,930
20.9%
112,531
113,435
0.8%
Export
87,755
106,507
21.4%
390,918
424,805
8.7%
% export
79.8%
79.8%

77.6%
78.9%



No comments: