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UK Automotive Industry at 17 Year High

The UK Automotive Industry continues to surge with manufacturing figures for March showing it was the most productive month in 17 years.

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