SMMT reveals signs of growth for UK automobile sector

Almost 78,000 cars were built in the UK this month, according to the Society of Motor Manufacturing and Traders (SMMT), indicating strong signs of growth for the nation’s automobile sector.

According to the SMMT, these figures bring the total cars built in the UK over the past year to 812,687, which is a 41.3 per cent increase from this time in 2009.

Of the cars built over the past year, approximately 72 per cent have been for export sales while 28 per cent have been sold in the domestic market.

The commercial vehicle market is also reporting healthy results. According to the SMMT, commercial vehicle output rose 22.1 per cent in August and 41.4 per cent in the first eight months.

Engine production was up 15.4 per cent for the month and 27.7 per cent for the year to date.

SMMT chief executive Paul Everitt said these figures show that UK vehicle and engine production is leading the nation’s manufacturing recovery.

‘The UK is an important part of the global automotive industry, exporting cars, commercial vehicles and engines to markets around the world,’ he added. ‘There are still significant challenges ahead and government must do all it can to encourage continued international investment in UK-based R&D [research and development], skills, plant and machinery.’