UK car production down 0.3%

Engine production January 2010-2014

Analysts are expecting growth in UK car output during 2014 and beyond as newly introduced models move to full-scale production. This all comes despite a 0.3 per cent dip in output during the January 2014 compared with January 2013. Exports are also said to be showing signs of recovery, with around 50 per cent of exports go to EU.

“UK car manufacturing made a solid start to 2014, matching the strength of January last year,” said Mike Hawes, SMMT chief executive. “We expect domestic car output to accelerate throughout 2014 as new model introductions reach full volume. Looking further ahead, we anticipate further growth as investments by some of the world’s biggest automotive brands become reality, creating more jobs and huge opportunities for UK-based suppliers.”

Car manufacturing

Jan-13

Jan-14

% Change

YTD-13

YTD-14

% Change

Total

129,049

128,620

-0.3%

129,049

128,620

-0.3%

Home

26,911

25,239

-6.2%

26,911

25,239

-6.2%

Export

102,138

103,381

1.2%

102,138

103,381

1.2%

% export

79.1%

80.4%

79.1%

80.4%

Source: SMMT

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