Export volumes pass the million mark
UK car manufacturing grew steadily in September, with production rising by 0.9%, according to figures published by the Society of Motor Manufacturers and Traders (SMMT).
Exports rose 5.0% to reach 123,119 units, offsetting a 10.6% decline in production for the home market.
For the year to date, both output and export demand rose by 10.5%, with export volumes passing the one million barrier for three quarters for the first time ever.
Mike Hawes, SMMT chief executive, said, ‘British-built cars are in demand across the world as demonstrated by the double digit growth in exports this year, resulting in more than a million cars produced for international markets. The vast majority of cars manufactured here in the UK are destined for abroad and future growth will depend on securing our international competitiveness and the barrier-free access to major global markets that has enabled UK Automotive to thrive.’