UK car production got off to a fast start in January, according to the latest figures published today by the Society of Motor Manufacturers and Traders (SMMT).
Volumes rose 21.0% to 82,997 units, marking the best January performance since 2021 and the fifth straight month of growth as global demand for British-built brands continued to grow and legacy supply chain challenges, notably semiconductor shortages, abated. The bulk of production was for export (75.8%), with overseas shipments up 11.6% to 62,938 units –…
This content is for subscribers only. Subscribe now for free to read the full article.
Already a subscriber? Login