UK production on the increase in 2024

UK car production began 2024 on the front foot with a 21% rise to 82,997 units in January.

According to the Society of Motor Manufacturers and Traders (SMMT), exports were up 11.6% to 62,938 units, while production for the domestic market soared by 64.5%, or 7,863 units.

Meanwhile, the production of battery electric, plug-in hybrid and hybrid vehicles rose by a combined 4.5% to 29,590 units to account for 35.7% of overall output.

The SMMT also reported that UK commercial vehicle (CV) production grew by 26.9 to 11,756 units, marking the strongest January in 16 years.

Mike Hawes, SMMT Chief Executive, said, “A positive start to the year for UK car production bodes well for the industry and the many thousands of livelihoods on which it depends. There can be no room for complacency, however, given economic headwinds and geopolitical tensions. There must be a relentless commitment to competitiveness, building on the significant recent investments into the sector. The forthcoming Budget is a chance for Government to do just that by introducing measures to boost UK automotive manufacturing, focused on energy, investment competitiveness and market demand.”

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