UK car makers aim for record production in 2015
- Published on Wednesday, 13 June 2012 10:30
- Posted by Scott Buckler
Automotive companies in the UK have been investing heavily in their operations, resulting in increased production, with further rises anticipated over the next few years.
The Society of Motor Manufacturers and Traders (SMMT) has revealed manufacturers could raise output to more than two million cars in 2015.
A previous record of 1.92 million cars was set in 1972 and the industry body is now hoping that recent multi-billion pound investments, new model launches and rising employment will drive up output.
In 2011, 1.3 million units were produced by car makers in the UK, with a 50 per cent jump expected in manufacturing over the next three years.
SMMT chief executive Paul Everitt commented: "The UK has attracted unprecedented levels of new investment and has a tremendous opportunity to see vehicle manufacturing rise to record levels in the years ahead."
He added within the UK, highly-developed skills, motoring heritage and collaboration between government and industry are all helping the sector to flourish.
The automotive industry has won praise from business secretary Vince Cable, who has praised the way in which it has weathered the economic downturn and welcomed £5.5 million invested by manufacturers in the last 18 months.