UK car manufacturing up 15.6% in January image

UK car manufacturing rose significantly by 15.6% in January to 127, 382 the Society of Motor Manufacturers and Traders (SMMT) said on Thursday. In addition UK engine production rose by 5.0% to 227, 161 for January.

However, UK CV output fell by 1.2% for the month to 9,844.

“UK car production continues to drive manufacturing growth and a rebalancing of the economy,” said Paul Everitt, SMMT Chief Executive.

“Success in markets around the world is a tribute to the quality and competitiveness of UK production facilities, management and employees. It is essential government and industry continue the successful partnership that has helped deliver new investment and supply chain opportunities to secure long-term prosperity and jobs.”

These data add to a raft of evidence that UK economic activity picked up markedly in January. The Markit/Chartered Institute of Purchasing and Supply index broke above the 50 contraction/expansion level in January, rising to 52.1 from a revised from 49.7 in December.