UK car exports race to five million!
21st August 2014
- July marks five million cars exported from UK since the beginning of 2010 – the best performance of any decade.
- 132,570 cars manufactured in July – a rise of 2.8%, as 2014’s steady growth continues.
- The average car exported today is worth over £20,600, compared to just £10,200 in 2004.
"The UK automotive industry continued its renaissance in July, with the month marking five million car exports since 2010," said Mike Hawes, SMMT Chief Executive. "This is a major milestone and testament to the burgeoning reputation of UK automotive excellence and demand for British-made cars. Significantly, UK car export values have doubled over the past decade – reflecting the diversity of the products we make and proving the sector’s worth as a global investment opportunity."
|Car manufacturing||Jul-13||Jul-14||% Change||YTD-13||YTD-14||% Change|