January UK car output makes solid start to 2014
20 Feb 2014- Robust January begins year just 0.3% off 2013 performance.
- Analysts expect growth over full year as newly introduced models move to full-scale production.
- Signs of European market recovery significant for overseas trade. Around 50% of exports go to EU
鈥淯K car manufacturing made a solid start to 2014, matching the strength of January last year,鈥 said Mike Hawes, 91成人 Chief Executive. 鈥淲e expect domestic car output to accelerate throughout 2014 as new model introductions reach full volume. Looking further ahead, we anticipate further growth as investments by some of the world鈥檚 biggest automotive brands become reality, creating more jobs and huge opportunities for UK-based suppliers.鈥
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