Car production accelerates in the UK

Car production leapt by 27 per cent
in 2010, according to new data, leading to claims that the industry is
“leading the manufacturing recovery”.

According to the Society Of Motor
Manufacturers And Traders, car output rose by 27.1 per cent to 1.27 million
cars in 2010 – with growth up 10.6 per cent in December alone.

Commercial vehicles – vans and
trucks in other words – performed even better, with a rise in production of
35.7 per cent over the year to 123,019.

Both figures together mean overall
production rose 27.8 per cent.

According to SMMT chief executive,
Paul Everitt, the figures prove UK vehicle production is “leading the
manufacturing recovery”.

He added: “UK manufacturers
exported more than a million vehicles last year, underlining the competitiveness
and desirability of the current model line-up.”

The manufacturing sector accounts
for 13 per cent of UK GDP as a whole.

The latest evidence of its overall
health suggests output is on course to achieve growth of 3.8% in 2010, which
will be the strongest full-year increase since 1994.

Car production stalled at the
height of the recession as demand for new vehicles dropped off, though showroom
sales were boosted by Labour’s scrappage scheme.

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