Car production in the United Kingdom grew 12 percent to over 142,000 units in March, thanks to heightened demand in Europe, according to the Society of Motor Manufacturers and Traders. The group said that UK car production surged almost 3 percent in the first quarter of 2014.
Mike Hawes, SMMT chief executive, said in a statement that the demand for new cars in Europe is now picking up with growth in the last seven months. He remarked that this “welcome boost” for the UK’s volume carmaker whose key market is Europe.
Hawes stated that the UK auto industry is on track post record levels of production by 2017 with new models introduced and investments made. UK production dropped earlier in 2014 as carmakers like Jaguar Land Rover, Nissan and BMW adjusted production lines to build new models, according to an SMMT spokesman.
UK’s car market is gaining headway thanks to an about-face in the country's economy as well as a growing demand in Europe. Auto sales in Europe in the first quarter of 2014 surged 10 percent in March for its seventh monthly gain in a row. Auto sales in the period in the EU and EFTA markets jumped 8 percent to 3.35 million cars, according to industry association ACEA.