UK car manufacturing broke all-time export records in 2012
Good news for UK car manufacturing was reported this week. They broke all-time export records in 2012. With volumes sent overseas exceeding 1.2 million, total vehicle output increased 8% last year to 1.58 million units, the highest level since 2008.
According to the SMMT figures, the outlook for UK automotive manufacturing is good, with global demand remaining strong and UK facilities building on the significant investment committed to them in recent years. Paul Everitt, SMMT Chief Executive said, "2012 was a very good year for UK car production with record levels of exports and volumes at their highest since 2008. The outlook for 2013 remains positive with demand in many faster growing global markets offsetting the continued weakness in European economies. The £6 billion of investment committed to UK facilities, new model programmes and R&D signals a bright future and many new opportunities for companies in the supply chain. These remain extremely challenging times and it is essential industry and government continue to work together to secure long-term industrial growth."
Even Business Secretary Vince Cable made comments regarding the good news, saying “"News that UK car production increased by 9% in 2012 and exports are at record levels is a great tribute to our manufacturing strengths, particularly in the face of challenging trading conditions in Europe and strong international competition. The UK is achieving success by making products that are in demand across the world. We have a diverse and innovative automotive sector with some of the most productive plants in the world and a flexible, skilled and committed workforce.
"The government is creating a highly supportive business environment to ensure that UK manufacturers continue to flourish as well as encouraging further investment in the UK automotive sector, including the supply chain. There is no room for complacency and to build on this competitive advantage we are working jointly with the auto sector on a long term industrial strategy.”
To view a YouTube video titled "UK automotive manufacturing - full year 2012 data - SMMT" which provides more details, you can click here. For those that would rather read the results and view the data tables on the SMMT website, please click here.
According to the SMMT figures, the outlook for UK automotive manufacturing is good, with global demand remaining strong and UK facilities building on the significant investment committed to them in recent years. Paul Everitt, SMMT Chief Executive said, "2012 was a very good year for UK car production with record levels of exports and volumes at their highest since 2008. The outlook for 2013 remains positive with demand in many faster growing global markets offsetting the continued weakness in European economies. The £6 billion of investment committed to UK facilities, new model programmes and R&D signals a bright future and many new opportunities for companies in the supply chain. These remain extremely challenging times and it is essential industry and government continue to work together to secure long-term industrial growth."
Even Business Secretary Vince Cable made comments regarding the good news, saying “"News that UK car production increased by 9% in 2012 and exports are at record levels is a great tribute to our manufacturing strengths, particularly in the face of challenging trading conditions in Europe and strong international competition. The UK is achieving success by making products that are in demand across the world. We have a diverse and innovative automotive sector with some of the most productive plants in the world and a flexible, skilled and committed workforce.
"The government is creating a highly supportive business environment to ensure that UK manufacturers continue to flourish as well as encouraging further investment in the UK automotive sector, including the supply chain. There is no room for complacency and to build on this competitive advantage we are working jointly with the auto sector on a long term industrial strategy.”
To view a YouTube video titled "UK automotive manufacturing - full year 2012 data - SMMT" which provides more details, you can click here. For those that would rather read the results and view the data tables on the SMMT website, please click here.
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