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UK auto production rises 8% in January on strong exports

LONDON (Reuters) — UK auto production rose 8 percent in January, boosted by strong demand from overseas, the Society of Motor Manufacturers and Traders said today in a statement.

in Automotive News Europe, 25-02-2016

A total of 137,552 cars were built last month, with a 9.7 percent increase in the number of vehicles produced for export and a 2.5 percent rise in the amount of cars destined for the domestic market.

Around four in five cars built in the UK are exported.

“January’s figures mark an encouraging start to the year for the UK car industry, following an impressive 2015,” Mike Hawes, SMMT chief executive, said.

“We expect output to continue growing in the coming years as the industry benefits from continuing investment, but much will depend on global economic and political conditions and consumer confidence,” Hawes said.

Honda, Toyota, Nissan, BMW Group’s Mini and Rolls-Royce, Volkswagen’s Bentley, as well as Tata’s Jaguar Land Rover, are among the automakers that manufacture cars in the UK.

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