LONDON (MNI) – Strong domestic demand saw October UK car
manufacturing post a 6.5% rise on a year ago, and a 9.7% rise in the
year-to-date.
Manufacturing for the domestic market was up 18.1% on a year ago,
while the dominant export sector, which made up 85.3% of total output,
saw only a 4.7% rise on the year, according to Society of Motor
Manufacturers and Traders data.
“The UK automotive industry got back on track in October … but
there remain significant challenges as European market demand remains
weak,” Paul Everitt, SMMT Chief Executive, said.
Car manufacturing has been a bright spot in UK manufacturing, while
sector as a whole has failed to expand consistently. Manufacturing did,
however, post a 1% rise on the quarter in Q3.
-London newsroom: +44 207 862 7491; email: drobinson@marketnews.com.
[TOPICS: MABDS$,M$B$$$]