UK car manufacturing achieves all-time record exports in 2012

January 17, 2013: UK car manufacturing broke all-time export records in 2012, with volumes sent overseas exceeding 1.2 million, up 8 percent on 2011. Total vehicle output increased 8 percent last year to 1.58 million units, the highest level since 2008. Car output rose 9 percent in 2012 to 1.46 million units, ending the year with a 6 percent rise in December.

Paul Everitt, chief executive of the Society of Motor Manufacturers and Traders (SMMT), said, "2012 was a very good year for UK car production with record levels of exports and volumes at their highest since 2008. The outlook for 2013 remains positive with demand in many faster growing global markets offsetting the continued weakness in European economies. The £6 billion (Rs 52,494 crore) of investment committed to UK facilities, new model programmes and R&D signals a bright future and many new opportunities for companies in the supply chain. These remain extremely challenging times and it is essential industry and government continue to work together to secure long-term industrial growth."

CAR MANUFACTURING, 2007-2012, TOTAL AND EXPORT VOLUMES

According to the SMMT, UK engine production remained stable, down just 0.3 percent in 2012, with December dipping 0.8 percent. CV and engine manufacturing output last year reflects weak demand in European economies as instability in the eurozone and fresh austerity measures impact on consumer confidence. Overall, according to the industry body, the outlook for the UK automotive manufacturing is good with global demand remaining strong and UK facilities building on the significant investment committed to them in recent years.