UK car production up 13.1%, driven by uplift in exports

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UK car production up 13.1%, driven by uplift in exports
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The vehicle manufacturing industry was helped by an easing in the supply chain problems that have hurt it since early 2021, particularly with regards to semi-conductors.

UK car production was up 13.1% year-on-year in February, driven by an uplift in export numbers.

The Society of Motor Manufacturers and Traders said that 69,707 cars were made last month, with 81.2% of those destined for overseas markets. Almost 60% of those exported went to the European Union, by far the biggest market for UK-made vehicles. Smaller numbers headed for Japan, Australia and Turkey - offsetting a decline in the number destined for China and the US.Hybrid, plug-in and battery electric vehicle output was up by 72.2% - two in every five cars made during the month.

The SMMT noted that the numbers were buoyed by an easing of supply chain shortages - particularly of semi-conductors - which have hurt the global car manufacturing industry since the early months of 2021.

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