Car manufacturing enjoys biggest monthly increase of 2013
By Kyle Lindsay
Monday, November 25, 2013 - 16:00
UP: Car output enjoys rise
Car production enjoyed the biggest monthly rise of 2013 in October, figures from the Society of Motor Manufacturers and Traders (SMMT) show.
Output rose 17.4% to 160,854 units, with year-to-date figures at 1,286,287 – a 5.4% rise on 2012.
Manufacturing for home market was up significantly at 52.4%, while export growth remained strong at 11.4%.
Mike Hawes, Chief Executive of the SMMT, said: “UK car manufacturing for the home market increased strongly in October raising the year’s performance 26.6% ahead of 2012.
“More than 15 brands build 50-plus models of car across the UK with volume and niche offerings providing a wealth of choice for our home and export markets.
“With European demand showing early signs of recovery, we expect production to continue positively in the coming months.”