Sunny

Sunny

max temp: 20°C

min temp: 13°C

Search

The pigs are coming. Find out more about

Pigs Gone Wild

here.

Best year in decade for British car manufacturing as exports hit record high

10:09 21 January 2016

Last year saw UK car manufacturers make the most cars since 2005.

Last year saw UK car manufacturers make the most cars since 2005.

supplied

British manufacturers made more cars in 2015 than any year since 2005 when 1,595,697 vehicles were produced, according to figures released today by the Society of Motor Manufacturers and Traders (SMMT).

Production increased 3.9% on 2014, with output at 1,587,677 overtaking pre-recession levels for the first time.

A record number of cars – representing 77.3% of total production – was for export, with 1,227,881 units leaving the UK, up 2.7% on 2014 levels.

Challenges were experienced in some global markets such as China, where demand fell by 37.5%, and Russia, where export volumes declined 69.4%. However, the economic recovery in Europe, the UK’s biggest trading partner, boosted demand for UK-built cars considerably by 11.3% in 2015. The region now accounts for 57.5% of all UK car exports.

Appetite for British-built cars grew significantly in other key and emerging regions, demonstrating the strength and diversity of UK manufacturing and product. In America, demand rose by more than a quarter (26.5%), making it the UK’s biggest trading destination outside the EU, ahead of China. Meanwhile, notable growth was also seen in Australia, South Korea, Turkey and Japan with volumes up 53.7%, 55.2%, 41.1% and 35.4% respectively.

British consumer and business demand for British-made cars also contributed to last year’s success, with the home car market rising 8.1% on the previous year. One in seven new cars registered in the UK in 2015 was made in Britain.

Mike Hawes, SMMT chief executive, said: “Despite export challenges in some key markets such as Russia and China, foreign demand for British-built cars has been strong, reaching record export levels in the past year. Achieving these hard fought for results is down to vital investment in the sector, world class engineering and a committed and skilled UK workforce – one of the most productive in the world.

“Continued growth in an intensely competitive global marketplace is far from guaranteed, however, and depends heavily on global economic conditions and political stability. Europe is our biggest trading partner and the UK’s membership of the European Union is vital for the automotive sector in order to secure future growth and jobs.”

Chancellor George Osborne said: “Backing Britain’s car industry has been a priority for this government and today we see the industry going from strength to strength.

“I am hugely encouraged that manufacturing is at a 10-year high and exports ‎are at a record level. All this means jobs and the security of a pay packet for workers and their families.

“Our plans to rebalance the economy mean we have to continue to build on our great manufacturing strengths in the Midlands and the North of England, and work together to ensure that Britain continues to prosper as a global leader in car production.”

The performance of UK automotive is very different compared with UK manufacturing as a whole, according to Office for National Statistics figures, which show the average manufacturing output to have slowed in recent months.Eight brand new car models were produced in UK plants in 2015, and with £2.5bn of fresh investment committed to the sector in 2015, and more are set to follow in the coming months.

0 comments

Welcome , please leave your message below.

Optional - JPG files only
Optional - MP3 files only
Optional - 3GP, AVI, MOV, MPG or WMV files
Comments

Please log in to leave a comment and share your views with other Ipswich Star visitors.

We enable people to post comments with the aim of encouraging open debate.

Only people who register and sign up to our terms and conditions can post comments. These terms and conditions explain our house rules and legal guidelines.

Comments are not edited by Ipswich Star staff prior to publication but may be automatically filtered.

If you have a complaint about a comment please contact us by clicking on the Report This Comment button next to the comment.

Not a member yet?

Register to create your own unique Ipswich Star account for free.

Signing up is free, quick and easy and offers you the chance to add comments, personalise the site with local information picked just for you, and more.

Sign up now

The EU Referendum count at Riverside Leisure Centre in Chelmsford.

The feeling on the streets of Ipswich after Thursday’s historic referendum was one of shock – even for the town’s many Leave supporters.

Rushmere Hall Primary School had a red, white and blue party in the sunshine.

Revellers young and old across Ipswich have been continuing the Queen’s 90th celebrations long after her official birthday.

Pro-European protesters demonstrate outside Downing Street. Although the police monitored the demonstration, they said it was peaceful and there were no arrests.

Supporters of the Europe took to the streets of British capital cities to protest about the referendum decision to pull out of the EU.

Clangers founder and conductor Sue Pollington with Eleni Sargeant, 13, the youngest Clanger and the oldest hand bell ringer Muriel Ricks

When a group of handbell ringers got together seven years ago, naming themselves after the whistling hand-knitted 1970s TV characters The Clangers seemed a perfect choice.

Ben Gummer

All of Suffolk’s MPs had backed the campaign to keep Britain in the European Union – and were left shattered by the decision to pull out.

John Dugmore

Campaigners from the business community on both sides of the EU membership debate were agreed yesterday on the need for the Government to make stability its top priority in the wake of the vote for Brexit.

The EU Referendum count at Riverside Leisure Centre in Chelmsford.

The Leave vote in the referendum was remarkable in so many ways – but possibly the greatest surprise was that the British public appears to have ignored the economic advice and voted for the riskiest option.

Michael Gove and Boris Johnson join Tim Passmore during a visit to Ipswich for the leave campaign.

One of Suffolk’s most prominent “Vote Leave” supporters has urged those who voted the same way not to feel guilty about their decision.

Barry Chevalier Guild of Aspall Cyder

One of Suffolk’s oldest and most successful family businesses has been given permission to expand its operations – despite community concerns it has already outgrown the hamlet from which it takes its name.

Ellen's son is learning baby sign language

Although my son and I have known each other for almost eight months now, we have yet to have a proper conversation, writes mother-of-three Ellen Widdup.

Most read

Most commented

HOT JOBS

Show Job Lists

Topic pages

Streetlife

Newsletter Sign Up

Great British Life

Great British Life
MyDate24 MyPhotos24