LONDON (MNI) – Strong domestic demand saw October UK car
manufacturing post a 4.9% rise on a year ago, and a 9.2% rise on the
year-to-date.
Manufacturing for the domestic market was up 32.3% on a year ago,
while the dominant export sector, which made up 82.7% of total output,
saw only a 1.2% rise on the year, according to Society of Motor
Manufacturers and Traders data.
“This is good news, but there can be no room for complacency; the
development of a long-term industrial strategy and consistent support by
government is essential to secure future success and more opportunities
for the UK-based supply chain,” Paul Everitt, SMMT Chief Executive,
said.
Car manufacturing has been a bright spot in UK manufacturing, with
the manufacturing sector as a whole failing to expand consistently.
-London newsroom: +44 207 862 7492; email: wwilkes@marketnews.com.
[TOPICS: MABDS$,M$B$$$]
