Strong export demands saw car production in the UK increase by almost 25% in February according to The Society of Motor Manufacturers and Trades.
UK manufacturers have seen strong sales growth to non-EU countries. A total of 138,296 cars were built in February, an increase of 23.5% compared to February 2011. While 226,848 engines were made, showing a 3.6% increase. Around 81.9% of the total cars built were for foreign markets, and the production of commercial vehicles fell slightly in February down 2.7%
SMMT Chief Executive, Paul Everett, said that the rise in manufacturing last month maintains trends of strong export-led growth and confirms the importance of manufacturing to rebalancing and growing a economy. He also stated that the UK continues to attract investment and jobs in its automotive sector. Although Mr Everett realises that he cannot be complacent, it is essential that the government supports the growth by encouraging private investment into R&D, a skilled workforce and capital investment.
The SMMT also believe that the government needs to provide greater incentives to encourage more low carbon vehicles in the UK, citing incentives like the Van Grant and Plug In Car. Business Secretary Vince Cable announced a new scheme run by SMMT that encourages firms to show young people what it is like to work in the industry.
Land Rover recently announced that it would create 1,000 new jobs at its Halewood factory in Merseyside to meet strong demand for its Range Rovers, while Nissan announced at the Geneva Motor Show that they intend to create a new supercar completely designed and manufactured in the UK.