The Society of Motor Trade Manufacturers and Traders SMMT has just launched results figures for the car manufacturing industry for 2013 and highlights positive predictions for the industry moving forward.
Mike Hawes, SMMT Chief Executive, said, “2013 demonstrated the value of the UK’s diverse car manufacturing industry, as surging home demand and robust exports outside Europe saw output grow 3.1% to over 1.5 million units. UK automotive investment announcements exceeded £2.5 billion in 2013, reinforcing industry analysts’ suggestions that the UK could break all-time car output records within the next four years.”
· Car production rose 3.1% in 2013 to surpass 1.5 million units – highest volume since 2007.
· Industry analysts predict output to reach record levels of around two million units by 2017.
· UK could become the third largest car manufacturer in Europe.
Business Secretary Vince Cable said, “Today’s figures are another sign that the British car industry is going from strength to strength – with one vehicle rolling off a production line somewhere in the UK every 20 seconds.
“Our success lies in the appetite from countries around the world for British cars. Around 80% of the 1.5 million cars we produced last year were exported – a testament to the diverse, high quality of British manufacturing.
Top five non-EU export destinations, 2009-2013 (*2013 is Q1-3 only)
China’s share of exports has grown rapidly over recent years, and the country now looks set to become the largest non-EU market for UK-built cars.
Take-up in the United States remained strong last year, and while Russia has seen volumes fall since 2012, it is now firmly established as a key export destination.
manufacturing many of the local supply chain component providers are also seeing an increase in business levels. With location playing a part UK businesses are able to offer shorter production runs and shorter lead times whilst still maintaining pristine and OE quality in terms of product specifications.
At Glen Callum Associates we work with international, national and leading local companies ensuring they have the most suited and qualified staff needed to maintain this upsurge in manufacturing levels. We are also able to supply export account staff with multi-lingual abilities ensuring communication and understanding of the key export markets.
Call us on 01384 485274 or email firstname.lastname@example.org to arrange for us to contact you to talk further about how we can tailor a cost effective recruitment solution to ensure your business gains and retains talented professionals.
About SMMT and UK the automotive industry
The Society of Motor Manufacturers and Traders (SMMT) is one of the largest and most influential trade associations in the UK. It supports the interests of the UK automotive industry at home and abroad, promoting a united position to government, stakeholders and the media.
The automotive industry is a vital part of the UK economy accounting for £59 billion turnover and £12 billion value added. With more than 700,000 jobs dependent on the industry, it accounts for 10% of total UK exports and invests £1.7 billion each year in automotive R&D. More than 30 manufacturers build in excess of 70 models of vehicle in the UK supported by around 2,500 component providers and some of the world’s most skilled engineers. More detail on UK automotive available in SMMT’s Motor Industry Facts 2013 publication at www.smmt.co.uk/publications.