Friday, March 27, 2015
Rise in UK demand for domestic cars
The number of cars produced in the UK for the domestic market has increased by 20.4% in the first two months of this year compared to the same period in 2014, The Society of Motor Manufacturers and Traders (SMMT) figures revealed.
According to the year-to-date figures, 64,176 cars were made by UK manufacturers for the local market in January and February this year.
More than a quarter of a million (257,300) UK cars were built over this period, 2% lower than the first two months of 2014.
In February, the total number of cars produced in the UK declined by 2.9% year-on-year to 129,915 units, while those supplied for the domestic market increased by 21.1% to 33,813 units.
Chief executive at SMMT Mike Hawes, said: "The outlook for the car manufacturing sector continues to be upbeat. More than a quarter of a million cars have been made in Britain so far this year - a steady performance, which has been led by a strong domestic market.
"The UK's appetite for British-built cars has consistently grown, with the number of cars produced for the home market increasing 51.9% since 2011. However, political instability abroad has hit certain export areas which will invariably have a small impact on total output."
DATED: 27.03.15
FEED: MF
