17 year high for British car manufacturing as global request hits record levels

17 year high for British car manufacturing as global request hits record levels

UK car production achieved a 17-year high in 2016, according to the latest figures published by SMMT. 1,722,698 vehicles spinned off production lines last year from some fifteen manufacturers, one an 8.5% uplift on total production in two thousand fifteen – and the highest output since 1999. Two

More cars are now being exported from Britain than ever before, the result of investments made over latest years in world-class production facilities, cutting-edge design and technology and one of Europe’s most very skilled and productive workforces. Ten brand fresh car models began production in the UK last year, nine of them from premium brands which has helped make the UK the 2nd thickest producer of premium cars after Germany and the third fattest car producer in Europe. Three Total committed investment annoncements in the automotive sector in two thousand sixteen were approximately £1.66 billion across a number of companies. This figure is down from £2.Five billion in 2015.

Production growth was predominantly driven by overseas request, with global appetite for British-built cars rising by Ten.3% to an all-time high of 1,354,216 – a 2nd consecutive annual record. Around eight out of every ten cars manufactured in the UK is now exported, roped for one of one hundred sixty markets worldwide.

It was continuing economic recovery across Europe, however, that accounted for the bulk of the growth. Exports to the rest of the EU grew 7.5% to 758,680 and accounted for more than half of all UK car exports. Furthermore, Europe supplies the majority of components within UK-built vehicles, underlining the critical importance of tariff and barrier-free trade to future UK automotive production.

Growth was strong across a number of markets, notably the US – the UK’s largest export destination after the EU – where request rose by almost half (47.2%) meaning it now accounts for around 14.5% of all UK car exports. Notable uplifts were also seen in Turkey, Japan and Canada whilst China, third on the list of export markets, grew by a more modest Trio.1% with 88,610 vehicles exported last year.

Domestic request for UK built cars also grew last year, up Two.4% in the year, and the UK remains the 2nd largest car market in Europe, again after Germany. Four One in seven fresh cars registered by UK buyers is now made in Britain, up from one in eight three years ago.

Mike Hawes, SMMT Chief Executive, said,

The tremendous growth in UK production is testament to the global competitiveness of the UK automotive sector. High class engineering, advanced technology and a workforce committed to quality have helped turn around the industry, making the UK among the most productive places in Europe to make cars. Significant investment in fresh plants and products over the past few years has driven this growth, not a post-Brexit bounce. We want trade deals but they must be the right deals, not rushed deals. Failure to do so could harm UK automotive manufacturing beyond repair.

  1. The UK’s fifteen manufacturing plants are wielded by a range of independent and multi-national-owned companies: Aston Martin (Gaydon); Bentley (Crewe); Caterham (Dartford); Honda (Swindon); Jaguar Land Rover (Castle Bromwich, Solihull, Halewood); Lotus (Norwich); McLaren (Woking); Mini (Oxford); Morgan (Malvern); Nissan (Sunderland); Rolls Royce (Goodwood); Toyota (Burnaston); Vauxhall (Ellesmere Port).
  2. 1,799,004 cars were produced in the UK in 1999.
  3. Fresh UK models beginning production in 2016: Aston Martin DB11; Bentley Bentayga; Jaguar F-Pace; Infiniti Q30; Infiniti QX30; Land Rover Range Rover Evoque Convertible; McLaren 540; McLaren 570; Rolls Royce Dawn; Vauxhall Astra Sports Tourer.
  4. ACEA data for 2016.

17 year high for British car manufacturing as global request hits record levels

17 year high for British car manufacturing as global request hits record levels

UK car production achieved a 17-year high in 2016, according to the latest figures published by SMMT. 1,722,698 vehicles flipped off production lines last year from some fifteen manufacturers, one an 8.5% uplift on total production in two thousand fifteen – and the highest output since 1999. Two

More cars are now being exported from Britain than ever before, the result of investments made over latest years in world-class production facilities, cutting-edge design and technology and one of Europe’s most very skilled and productive workforces. Ten brand fresh car models began production in the UK last year, nine of them from premium brands which has helped make the UK the 2nd thickest producer of premium cars after Germany and the third fattest car producer in Europe. Three Total committed investment annoncements in the automotive sector in two thousand sixteen were approximately £1.66 billion across a number of companies. This figure is down from £2.Five billion in 2015.

Production growth was predominantly driven by overseas request, with global appetite for British-built cars rising by Ten.3% to an all-time high of 1,354,216 – a 2nd consecutive annual record. Around eight out of every ten cars manufactured in the UK is now exported, roped for one of one hundred sixty markets worldwide.

It was continuing economic recovery across Europe, however, that accounted for the bulk of the growth. Exports to the rest of the EU grew 7.5% to 758,680 and accounted for more than half of all UK car exports. Furthermore, Europe supplies the majority of components within UK-built vehicles, underlining the critical importance of tariff and barrier-free trade to future UK automotive production.

Growth was strong across a number of markets, notably the US – the UK’s thickest export destination after the EU – where request rose by almost half (47.2%) meaning it now accounts for around 14.5% of all UK car exports. Notable uplifts were also seen in Turkey, Japan and Canada whilst China, third on the list of export markets, grew by a more modest Trio.1% with 88,610 vehicles exported last year.

Domestic request for UK built cars also grew last year, up Two.4% in the year, and the UK remains the 2nd largest car market in Europe, again after Germany. Four One in seven fresh cars registered by UK buyers is now made in Britain, up from one in eight three years ago.

Mike Hawes, SMMT Chief Executive, said,

The tremendous growth in UK production is testament to the global competitiveness of the UK automotive sector. High class engineering, advanced technology and a workforce committed to quality have helped turn around the industry, making the UK among the most productive places in Europe to make cars. Significant investment in fresh plants and products over the past few years has driven this growth, not a post-Brexit bounce. We want trade deals but they must be the right deals, not rushed deals. Failure to do so could harm UK automotive manufacturing beyond repair.

  1. The UK’s fifteen manufacturing plants are possessed by a range of independent and multi-national-owned companies: Aston Martin (Gaydon); Bentley (Crewe); Caterham (Dartford); Honda (Swindon); Jaguar Land Rover (Castle Bromwich, Solihull, Halewood); Lotus (Norwich); McLaren (Woking); Mini (Oxford); Morgan (Malvern); Nissan (Sunderland); Rolls Royce (Goodwood); Toyota (Burnaston); Vauxhall (Ellesmere Port).
  2. 1,799,004 cars were produced in the UK in 1999.
  3. Fresh UK models commencing production in 2016: Aston Martin DB11; Bentley Bentayga; Jaguar F-Pace; Infiniti Q30; Infiniti QX30; Land Rover Range Rover Evoque Convertible; McLaren 540; McLaren 570; Rolls Royce Dawn; Vauxhall Astra Sports Tourer.
  4. ACEA data for 2016.

17 year high for British car manufacturing as global request hits record levels

17 year high for British car manufacturing as global request hits record levels

UK car production achieved a 17-year high in 2016, according to the latest figures published by SMMT. 1,722,698 vehicles spinned off production lines last year from some fifteen manufacturers, one an 8.5% uplift on total production in two thousand fifteen – and the highest output since 1999. Two

More cars are now being exported from Britain than ever before, the result of investments made over latest years in world-class production facilities, cutting-edge design and technology and one of Europe’s most very skilled and productive workforces. Ten brand fresh car models began production in the UK last year, nine of them from premium brands which has helped make the UK the 2nd fattest producer of premium cars after Germany and the third largest car producer in Europe. Three Total committed investment annoncements in the automotive sector in two thousand sixteen were approximately £1.66 billion across a number of companies. This figure is down from £2.Five billion in 2015.

Production growth was predominantly driven by overseas request, with global appetite for British-built cars rising by Ten.3% to an all-time high of 1,354,216 – a 2nd consecutive annual record. Around eight out of every ten cars manufactured in the UK is now exported, corded for one of one hundred sixty markets worldwide.

It was continuing economic recovery across Europe, however, that accounted for the bulk of the growth. Exports to the rest of the EU grew 7.5% to 758,680 and accounted for more than half of all UK car exports. Furthermore, Europe supplies the majority of components within UK-built vehicles, underlining the critical importance of tariff and barrier-free trade to future UK automotive production.

Growth was strong across a number of markets, notably the US – the UK’s largest export destination after the EU – where request rose by almost half (47.2%) meaning it now accounts for around 14.5% of all UK car exports. Notable uplifts were also seen in Turkey, Japan and Canada whilst China, third on the list of export markets, grew by a more modest Trio.1% with 88,610 vehicles exported last year.

Domestic request for UK built cars also grew last year, up Two.4% in the year, and the UK remains the 2nd largest car market in Europe, again after Germany. Four One in seven fresh cars registered by UK buyers is now made in Britain, up from one in eight three years ago.

Mike Hawes, SMMT Chief Executive, said,

The tremendous growth in UK production is testament to the global competitiveness of the UK automotive sector. High class engineering, advanced technology and a workforce committed to quality have helped turn around the industry, making the UK among the most productive places in Europe to make cars. Significant investment in fresh plants and products over the past few years has driven this growth, not a post-Brexit bounce. We want trade deals but they must be the right deals, not rushed deals. Failure to do so could harm UK automotive manufacturing beyond repair.

  1. The UK’s fifteen manufacturing plants are wielded by a range of independent and multi-national-owned companies: Aston Martin (Gaydon); Bentley (Crewe); Caterham (Dartford); Honda (Swindon); Jaguar Land Rover (Castle Bromwich, Solihull, Halewood); Lotus (Norwich); McLaren (Woking); Mini (Oxford); Morgan (Malvern); Nissan (Sunderland); Rolls Royce (Goodwood); Toyota (Burnaston); Vauxhall (Ellesmere Port).
  2. 1,799,004 cars were produced in the UK in 1999.
  3. Fresh UK models commencing production in 2016: Aston Martin DB11; Bentley Bentayga; Jaguar F-Pace; Infiniti Q30; Infiniti QX30; Land Rover Range Rover Evoque Convertible; McLaren 540; McLaren 570; Rolls Royce Dawn; Vauxhall Astra Sports Tourer.
  4. ACEA data for 2016.

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