Tag Archives: growth

Positive growth for UK Car Manufacturing in October

Domestic demand supports biggest monthly increase in 2013 UK car manufacturing

Posted at 07:16 on 21 November 2013.

  • Car output in October rose 17.4% to 160,854 units, the largest monthly increase so far this year.
  • 1,286,287 cars produced in year-to-date, a rise of 5.4%.
  • Manufacturing for home market up significantly at 52.4%, while export growth strong at 11.4%.
  • Around 50% of UK car exports go to Europe – after months of decline, EU demand shows signs of improving, now recording two consecutive months of growth.

“UK car manufacturing for the home market increased strongly in October raising the year’s performance 26.6% ahead of 2012,” said Mike Hawes, SMMT Chief Executive. “More than 15 brands build 50-plus models of car across the UK with volume and niche offerings providing a wealth of choice for our home and export markets. With European demand showing early signs of recovery, we expect production to continue positively in the coming months.”

Oct 13 Car chart2

Oct 13 Car 2

Oct 13 Car chart 3

Source: SMMT