News Archive
UK Car Manufacture Picks Up
June 7, 2012
It may come as welcome news to car insurance holders that British car manufacturing rose by 10% in April, compared to the same time last year.
The Society of Motor Manufacturers and Traders (SMMT) revealed that a strong export demand led to the production of almost 95,000 cars last month.
Paul Everitt, chief executive of SMMT commented:
"UK manufacturing of cars, commercial vehicles and engines increased in April, boosted by strong export demand that is almost 10% ahead of last year."
Mr Everitt added that "sustained investment is delivering desirable products to markets around the world and efforts by employees, trade unions and government are helping to ensure the UK remains one of the most competitive locations for global automotive companies."
Source: http://www.motortrader.com/latest-news/uk-car-manufacturing-9-3-april/
