Strong export demand drives growth in UK car production
Strengthening export demand fuelled a growth in UK car production in February, according to latest figures.
There were 153,041 vehicles produced last month (2016: 141,764), an increase of 8%.
The figures, produced by The Society of Motor Manufacturers and Traders, show the number of vehicles produced for export rising 13.4% to 118,898 (2016: 104,880) – with the percentage of vehicles exported rising to 77.7%, up from 74% for the same month last year.
The percentage of vehicles produced for export during the first two months... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
