All-time record for UK car exports in 2012
ERJ staff report (BC)
London - UK car manufacturing broke all-time export records in 2012, with volumes sent overseas exceeding 1.2 million, up 8% on last year, according to the Society of Motor Manufacturers and Traders.
Total vehicle output is reported to have increased 8% last year to 1.58 million units, the highest level since 2008.
Car output rose 9% in 2012 to 1.46 million units, ending the year with a 6% rise in December.
Paul Everitt, SMMT CEO, said: “2012 was a very good year for UK car production with record levels of exports and volumes at their highest since 2008.
“The outlook for 2013 remains positive with demand in many faster growing global markets offsetting the continued weakness in European economies. The £6 billion of investment committed to UK facilities, new model programmes and R&D signals a bright future and many new opportunities for companies in the supply chain. These remain extremely challenging times and it is essential [that] industry and government continue to work together to secure long-term industrial growth.â€
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