Hyundai has seen something of a meteoric growth in the last five years but the company have predicted that 2013 will be a little different. Bosses at the company expect to see sales in the UK stagger as they simply don’t have enough cars to sell!
Get a FREE, Local Repair Quote Today! →
Monday to Friday, 9am to 6pm
Posts Tagged ‘car production’
Hyundai Predicts Slow Down after Meteoric Growth
Volvo Makes Deal with Parent Company
Geely, who is the parent company of Volvo, has made a deal with the car maker to break into the Chinese market. Volvo will trade technology for Geely’s know-how of the Chinese market to access overseas business and low-cost production.
Luxury Car Maker Jaguar Secures £1bn Deal
Jaguar Land Rover has secured a deal to make cars outside of the UK for the very first time in a £1billion deal. The Coventry-based car maker will be making cars at a new plant in China after celebrating an 80% rise in sales this year.
More Car Plant Closures in Europe
Yesterday was essentially a day of reckoning for the European car industry as it was announced that yet another plant was to close. The Ford plant is the third closure this year and is set to add to the debt crisis and rising unemployment levels.
The Future Looks Bright for UK Car Production
The car manufacturing industry in the UK is set to boom with an estimated 2.2 million cars to be produced annually by 2016.
Car Production Slowed in Summer Months
According to the Society of Motor Manufacturers and Traders (SMMT), the number of cars manufactured in the UK fell to 78,577 in August.
BMW’s Bid to be the Best
Car maker BMW proved that they are extremely good at their craft with the production of the Zagato Roadster show car. Amazingly, this beautiful vehicle was made in just six weeks!
Car Production in UK Risen by 22%
July saw 120,000 cars built in the UK, which is a 22% increase compared to the same time last year.
Increase in UK Car Production
Car production in the UK has seen an increase since the first half of this year by 14.1 per cent. Manufacturing in June had dropped by 0.7 per cent and engine production by 15.1 per cent.
British Car Manufacturing on the Up
During last month, car manufacturing has been revitalised, with the British car industry producing around 141,146 cars in May alone!