Car manufacturing in the UK is significantly up in 2012 compared with the previous year, thanks to increased demand from overseas and growth in the UK's engine-building industry, according to the Society of Motor Manufacturers and Traders (SMMT). This contrasts with domestic car sales, which have decreased very slightly.
SMMT figures reveal that in 2012, 23.5 per cent more cars were built in February compared with the same month last year, meaning output is up 19.6 per cent for the year to date.
SMMT chief executive Paul Everitt said the figures show a "trend of strong export-led growth, confirming the importance of manufacturing to a rebalanced and prosperous economy. The UK automotive sector continues to attract investment and generate new jobs."
Everitt also appealed for government help to maintain growth. He said, "Despite recent success there can be no complacency and it is essential the Chancellor uses next week’s Budget to deliver on its growth strategy and boost the UK’s competitiveness by encouraging private sector investment in R&D, capital equipment and skills.”