- UK car output down 1.2% to 127,385 in January, as manufacturers prepare for new models.
- Outlook remains positive for 2015 with manufacturers set to realise £7 billion-worth investment in new products and facilities.
- January 2015 output 16% higher than month’s mean performance from 2009.
“Vehicle manufacturers have invested heavily in the UK in recent years to bring new models and technology to our factories,” said Mike Hawes, SMMT Chief Executive. “The slight dip in output in January is as a result of this investment as major UK car manufacturers begin production of new models. As production ramps up throughout the year, we expect to see the sector’s output increase.”
Click through to download the UK car manufacturing news release for January 2015.