United Kingdom automotive manufacturing surged massively last month, assisted by increased demand for autos going to export markets and putting the final touch on the country’s best six-month performance since 2008.
According to the Society of Motor Manufacturers and Traders (SMMT), the British industry body, overall production of vehicles soared 5.4 percent last month compared to June 2014, reaching a total of 143,759 units. Export vehicles, making up around four out of five British-made cars, registered a production increase of nine percent to 115,408 autos. On the other hand, the level of cars manufactured for domestic usage dropped by 7.1 percent. The SMMT added that during the first six months of the year, a total of 793,642 vehicles were built in British plants, the best performance in seven years even if it has only surged 03 percent compared to the figures posted during the same period last year.
This success has been built on significant industry investment and has also relied on a positive relationship with government, essential if the industry is to maintain its international competitiveness,” said Mike Hawes, SMMT chief executive. The most recent figures also showed a huge increase in terms of productivity among car manufacturers in the past few years, with the automotive industry sector delivering 100,000 pounds in added value per employee last year compared to 74,000 pounds in 2010.