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UK Car Production Hits 17 Year High

UK Car Production Hits 17 Year High

Added to MTDCNC by MTDCNC on 06 February 2017

According to the latest figures published by the SMMT, UK car production hit a 17-year high in 2016.  With 15 manufacturers rolling out a total of 1,722,698 vehicles in 2016, this figure is an 8.5% increase on 2015 total production figures.

Hitting the highest output statistics since 1999, more cars are now being exported from Britain than ever before. Ten brand new car models began production in the UK in 2016 and with nine of the new vehicles being premium brands; the UK is now the second biggest producer of premium cars behind Germany and the third largest car producer in Europe.

Production growth was predominantly driven by overseas demand, with global appetite for British-built cars rising by 10.3% to an all-time high of 1,354,216 – a second consecutive annual record. Around eight out of every 10 cars manufactured in the UK is now exported, bound for one of 160 markets worldwide.

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