UK car exports pass the million mark in 2016

car-manufacturing

 

  • UK car manufacturing volumes increase by 0.9% in September with 159,726 vehicles produced.
  • Overall output for first three quarters rises 10.5% as exports grow 12.2% to hit 1,000,642.
  • Overseas demand drives production, up 5.0% to 123,119 units, while home market falls -10.6%.

car-manufacturing-table-september-16

 

UK car manufacturing reported steady growth in September, with production rising by 0.9%, according to figures published today by the Society of Motor Manufacturers and Traders. Exports rose 5.0% to reach 123,119 units, offsetting a -10.6% decline in production for the home market.

Overall year-to-date output increased 10.5% to 1,292,453 units, as production for global markets grew for a 14thconsecutive month. Export demand rose by 12.2% to take volumes past one million in the first three quarters for the first time on record.

Mike Hawes, SMMT Chief Executive, said,

British-built cars are in demand across the world as demonstrated by the double digit growth in exports this year, resulting in more than a million cars produced for international markets. The vast majority of cars manufactured here in the UK are destined for abroad and future growth will depend on securing our international competitiveness and the barrier-free access to major global markets that has enabled UK Automotive to thrive.

 

Car output_rolling year totals June 2016

Source: SMMT

 

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About Tim Cosgrove

Tim Cosgrove heads two technology companies Co-Star and Cloud-Star who supply 4G LTE connectivuty products to the ICT industry globally and are based at Harrogate in the UK. Working at the forefront of the mobile communications industry gives Tim a unique perspective on the latest emerging technologies that help to improve how businesses and people communicate and operate in the future. Tim is keen to share his insights and passion for the latest technologies through the Co-star blog. Please get in touch if you have any technology related news or press releases that you would like us to share.