March Brings the U.K. Car Production a 0.3% Rise image

In March 2012 U.K. car production rose 0.3% to 135, 456 units, compared to 2011 said the Society of Motor Manufacturers and Traders.

Last month the number of cars manufactured for the U.K. rose by 9.3%, but cars made for export fell by 1.8%. Almost 80% of the cars produced in the UK in March were for overseas markets. Commercial vehicle production went down 21% due to the fact that demand from overseas fell sharply. Overall vehicle sales were down 1.5% in March.

“Challenging economic conditions in mainland Europe are a concern, but the sector continues to win business in important and faster growing export markets,’ said Paul Everitt, SMMT chief executive. “The prospects for the UK motor industry are extremely good with new investment, commitment and jobs being created by global automotive companies.’

The UK car industry reached new heights this month when Nissan declared its new hatchback would be produced at its Sunderland plant, adding 225 jobs at the factory and extra 900 in the supply chain by 2014. Furthermore, Jaguar Land Rover declared that its latest model, the XF Sportbrake estate car, would be made in the West Midlands.