UK automotive manufacturing was up 13.1% year-on-year in February, pushed by an uplift in export numbers.
The Society of Motor Manufacturers and Traders (SMMT) stated that 69,707 automobiles have been made final month, with 81.2% of these destined for abroad markets.
Almost 60% of these exported went to the European Union, by far the most important marketplace for UK-made automobiles.
Smaller numbers headed for Japan, Australia and Turkey – offsetting a decline within the quantity destined for China and the US.
Overall, exports rose 11.5% whereas home output was up 20.3%.
Hybrid, plug-in and battery electrical car output was up by 72.2% – two in each 5 automobiles made throughout the month.
The SMMT famous that the numbers have been buoyed by an easing of provide chain shortages – significantly of semi-conductors – which have harm the worldwide automotive manufacturing trade for the reason that early months of 2021.
Mike Hawes, SMMT chief govt, stated: “February’s growth in UK car production signposts an industry on the road to recovery.
“The fundamentals of the sector are robust; a extremely expert workforce, engineering excellence, a sector that’s embracing new electrified car manufacturing and huge ranging capabilities within the EV provide chain.
“To take advantage of global opportunities, however, we must scale up at pace and make the UK the most attractive destination for automotive investment by addressing trading and fiscal costs and delivering low carbon, affordable energy.”
Source: information.sky.com”