Thanks to strong domestic demand and exports inside and outside the European Union, UK’s car production reached its highest level since 2007 last year.
The Society of Motor Manufacturers and Traders said in a statement today that car production was 1.510 million in 2013, up 3 % from 1.465 million in 2012. Car sales in 2013 were also at their highest since 2007 at 2.265 million, according to figures released earlier this month. The SMMT also predicts that production could exceed 1972’s all-time peak of 1.92 million in 2017.
Around 80 % of the cars produced in Britain last year were exported, with sales split roughly evenly between the European Union and elsewhere – a sharp turnaround from a few years ago when the EU accounted for 70 % of exports.
China, Russia and the United States are the main non-EU markets for British cars, each accounting for around 10 % of exports. Land Rover’s luxury off-road vehicles and sports cars have been particularly successful abroad.
Nissan produced the most cars in Britain in 2013, followed by Jaguar Land Rover and Toyota. Other major manufacturers include BMW’s Mini, Honda and General Motors’ Vauxhall brand.
Via Automotive News Europe