Figures from the Society of Motor Manufacturers and Traders confirm the growing strength and vitality of the UK automotive industry and its ascendancy as a major global player. SMMT’s 16th annual Sustainability Report confirms the sector is breaking new records, with turnover hitting an all time high of £69.5 billion in 2014. Manufacturing output, … [Read more...]
UK car making stalls as ranges update
UK car output went down 1.2% to 127,385 in January, as manufacturers prepared for new models, but European sales are rising. Outlook remains positive for 2015 with manufacturers set to realise £7 billion-worth investment in new products and facilities and many will be shown at next month’s Geneva motor show. January 2015 output 16% higher than month’s … [Read more...]
