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UK car production hits a high

Car manufacturer

Car production has hit a 12-year high alongside a rise in exports from the UK.

The number of cars built in British factories last month increased by 16% to 149,334, with 81.5% of those going for export, mainly to Europe.

The figures collated by the SMMT trade body show output running at an annualised 1.65 million, putting the industry on track to break 1972's record of 1.9 million cars by 2020.

 

Note: News bulletin content has been provided by a third-party and is not the opinion of Santander.

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