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SMMT: British car makers achieve best 10 month performance in a decade

Year-to-date UK car production volumes best since 2005, with 36,000 more units made this year than last. Exports drive demand, with more than one million British-built cars shipped to global markets in 2015. Month-on-month October output sees marginal dip as key brands gear up production of new models. British car manufacturing has hit its highest … Continued

  • Year-to-date UK car production volumes best since 2005, with 36,000 more units made this year than last.
  • Exports drive demand, with more than one million British-built cars shipped to global markets in 2015.
  • Month-on-month October output sees marginal dip as key brands gear up production of new models.

British car manufacturing has hit its highest level for the year-to-date in a decade, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT). A total of 1,318,452 new cars rolled off UK production lines in the first 10 months of the year, the best performance since 2005 and up 2.8% year-to-date. Exports drove volumes in October, with foreign demand up 1.5%, while the domestic market fell marginally month-on-month.

Mike Hawes, SMMT Chief Executive, said, “Despite a small drop in overall output last month, the industry has delivered a robust performance so far this year, particularly in terms of exports. Given the slowdown we’ve seen in several key global markets in recent months, UK automotive manufacturing still remains in a strong position.”

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https://www.automotiveworld.com/news-releases/smmt-british-car-makers-achieve-best-10-month-performance-decade/

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