UK buyers help car makers motor ahead

Jaguar Land Rover is investing in new models. Picture: Getty
Jaguar Land Rover is investing in new models. Picture: Getty
Share this article
0
Have your say

A STRONG domestic market has pushed UK car production past the half-million mark in the first four months of the year, official figures out today reveal.

But total production levels for the period are still slightly down on the total for January-April 2014, the Society of Motor Manufacturers and Traders (SMMT) said.

Production for the home market rose 19.4 per cent in the first four months of this year, but production for export reversed 7 per cent.

Total production for April 2015 reached 128,312 – down 3.8 per cent on a year earlier. While production for the home market was 11.1 per cent up last month, production for export was down 7.6 per cent.

SMMT chief executive Mike Hawes said: “UK car production has escalated in recent years and continues to perform steadily in 2015.

“Manufacturers across the country are poised to see yet more growth following multi-billion-pound investments and, providing global markets perform well, output is on track to reach record levels in the next few years.”

Production is likely to get a boost from the launch of Jaguar’s XE range. The Indian-owned luxury car-maker has invested billions of pounds and created hundreds of jobs in recent years as it rolls out new models. The Evoque has already been a big success for Jaguar Land Rover.