Car production rise 7 per cent in the UK

Car production rise 7 per cent in the UKAccording to the latest figures released, the total car production has increased by around 7 per cent during the previous month in the UK.

The latest figures showed that about 129,000 cars were manufactured in the UK in July compared to 120,391 units produced during the same month of the previous year. Following the growth in the month, the yearly growth has risen to 1.9 per cent or 893,263 units in the UK. The total number of cars sold in the domestic UK market rose by an impressive 37.5 per cent compared to the same month of the previous year.

The Society of Motor Manufacturers and Traders (SMMT) said that the rise in the production of cars follows a wider upturn in the UK economy for higher growth. Experts have predicted the production is expected to rise during the coming months as demand picks up in the UK and the global economy for automobiles.

SMMT's interim chief executive Mike Baunton said, "We are starting to see slight signs of recovery from Europe which will support stronger production levels this year, and UK manufacturers will continue to build and develop innovative, high-quality products that appeal to a global customer base."

Exports of cars rose 0.6 per cent during the month of July compared to the same month of the previous year but remains 3.2 per cent lower in on a yearly basis.