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UK car manufacturing soars

UK car manufacturing soars

Car manufacturing soared in the UK in July, with a 22 per cent rise in the number of new cars being built, according to new figures from the Society of Motor Manufacturers and Traders.

The data shows that car output rose for the 13th consecutive month, increasing a total of 22.2 per cent in July and 15.1 per cent for the year to date.

In addition, UK engine production was up 0.3 per cent over the year, with only a narrow 1.9 per cent downturn across the month.

Commenting on the statistics, Paul Everitt, SMMT chief executive, said it is good to see car manufacturing continuing to perform so well.

"While uncertainty in Europe remains a challenge, the £6 billion investment committed to the UK in the last two years delivers long-term growth opportunities and the latest figures show that our products have enormous global appeal," he added.

The figures come after the SMMT revealed that new car registrations rose by 9.3 per cent in July to 143,884 units, which is the fifth monthly gain in a row and the best of 2012 so far.

Posted by Louise ClarkADNFCR-3205-ID-801430325-ADNFCR