UK Automotive Industry at 17 Year High
Demand for UK manufactured vehicles is continuing to soar, with one car being exported every 20 seconds in March resulting in a growth of 10.6% on the previous year. 170,691 cars were built in the UK in March, up 7.3%, with overseas customers taking a total share of 76% of the cars produced.
Overall production was at a 17 year high in the first quarter of 2017. 471,685 vehicles were manufactured in this period, up 7.6% in comparison to the previous year.
Information source: www.smmt.co.uk