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Car Production Continues to Climb

Car Production Continues to Climb

Added to MTDCNC by MTDCNC on 27 April 2017

The Society of Motor Manufacturers and Traders (SMMT) has reported that the UK automotive industry has just had its most successful month for 17 years. It appears that the post-Brexit uncertainty is having little impact on an automotive sector that has manufactured170,691 vehicles in March, and the highest figure for 17 years.

Exports continued to drive UK car production in March with demand climbing 10.6% in the month, according to the SMMT. Of the 170,691 cars built in the UK in March, overseas buyers accounted for more than 76% of output. This means that a staggering stat of one car exported every 20 seconds in March. Furthermore, the success reaches beyond March with the first quarter of 2017 being the most successful for 17 years with 471,695 units produced, up 7.6%.

Commenting upon the figures, Mr Mike Hawes, SMMT Chief Executive said: "UK car manufacturing is accelerating thanks to billions of pounds of investment committed over the past few years. A large proportion are the latest low emission diesels and it’s essential for future growth and employment that we encourage these newer, cleaner diesels onto UK roads and avoid penalising consumers who choose diesel for its fuel efficiency and lower CO2emissions. Much of our output goes to Europe and it’s vital we maintain free trade between the UK and EU or we risk destroying this success story."

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