Exports drive UK car manufacturing growth in November

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UK car production rose 9 percent in November, helped by a strong increase in exports, the Society of Motor Manufacturers and Traders said.

Britain’s car makers delivered a strong performance in November as manufacturing output rose 9.3 percent, according to figures released by the Society of Motor Manufacturers and Traders. 150,084 cars were built during the month, with growth fueled by demand from overseas as export production increased 10.8 percent. The latest figures put year-to-date volumes 3.8% ahead of the same period in 2014. Mike Hawes, SMMT Chief Executive, said, “November’s manufacturing gains are encouraging, and put the car industry in a strong position with one month left in the year. Particularly pleasing is the recent pick-up in export production, which is proof that despite challenges in some global markets, the UK continues to build cars that appeal to consumers across the world.” The total output was 1,472,835 million units from the beginning of the year to last month, with exports counting for 1,132,695 vehicles.

Another report revealed the commercial vehicle production in the UK saw a 24.6 percent uplift last month as it continued to recover from a subdued 2014, according to data also released by the Society of Motor Manufacturers and Traders. Production for export saw a huge 79.1 percent jump following growing demand in Europe, while output destined for the UK market remains strong in 2015 despite a dip in November. 88,214 commercial vehicles have rolled off production lines so far this year, up 35.6 percent over 2014 volumes.