UK: Car manufacturing up 1.2% in January
By Dave Leggett | 21 February 2013
UK car manufacturing was up 1.2% year-on-year in January to 129,049 units, continuing the upward trend of last year.
The SMMT described the result as a 'steady start for car manufacturing as industry gears up for a strong year'.
January's rise was underpinned by strong domestic demand which saw output of cars built for the UK market rise 26.1%.
The SMMT noted that analysts have suggested that UK car manufacturing could grow a third bigger by 2016 with output approaching two million vehicles a year.
"UK car manufacturing grew modestly in January, up just 1.2% on the same period in 2012. Output is typically subdued in January as manufacturers extend holiday periods to upgrade plants and re-tool for new models," said Mike Baunton, SMMT Interim Chief Executive.
"Despite ongoing economic challenges, growing demand for UK-built products in emerging global markets coupled with major new investment is paving the way for a positive year for automotive manufacturing."
|
Car manufacturing |
Jan-12 |
Jan-13 |
% Change |
|
Total |
127,550 |
129,049 |
1.2% |
|
Export |
106,190 |
102,111 |
-3.8% |
|
Home |
21,360 |
26,938 |
26.1% |
Sectors: Vehicle manufacturing
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UK: Car manufacturing up 1.2% in January
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There is currently 1 comment on this article
Considering the tough times in Europe at present, the UK is doing well. However people do appear to be having trouble knowing what to buy in this emerging market of EV's and Hybrids. With UK dealerships offering great deals on new cars plus promising ( without conclusive proof ) that their cars will give the best mpg or overall fuel economy, it seems to me that buyers are confused and perhaps too easily led. Thank heavens for the internet - do your research first before believing everything that over-enthusiastic salesperson tells you !!
ddiamond said at 3:35 pm, February 22, 2013
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