Car production rallies as supply constraints ease

The Society of Motor Manufacturers and Traders has announced that UK car production rose 13.1% in February to 69,707 units, with supply chain pressures easing.

Meanwhile, the transition to hybrid, plug-in hybrid and battery electric vehicles continued with combined volumes surging 72.2% from 15,905 to a total of 27,392 units and accounting for two in five (39.3%) cars produced in the month.

Against this however, commercial vehicle production fell by 21.6% in the second month of the year to 6,491 units.

Mike Hawes, SMMT Chief Executive, said, “February’s growth in UK car production signposts an industry on the road to recovery. The fundamentals of the sector are strong; a highly skilled workforce, engineering excellence, a sector that is embracing new electrified vehicle manufacturing and wide ranging capabilities in the EV supply chain. To take advantage of global opportunities, however, we must scale up at pace and make the UK the most attractive destination for automotive investment by addressing trading and fiscal costs and delivering low carbon, affordable energy.”

More Insights

ARC360 News – Friday, 29 November 2024

Bodyshop | Environment | Finance | Insurance | Mobility | People | Salvage | Supplier | Technology | Training | Vehicle Repair | vehicle sales | Words

29-11-2024

Farvima deploys Solera’s RNA solution to reduce emissions and improve delivery

Bodyshop | Environment | Insurance | Mobility | People | Supplier | vehicle sales | Words

27-11-2024

Selsia has announced two key appointments

Bodyshop | Mobility | People | Salvage | Supplier | Vehicle Repair | Words

27-11-2024

Corporate Partners

Partners

REPAIRIFY

Associate Partners

Subscribe to our mailing list

ARC360 is THE leading forum for the automotive incident repair sector. To receive your weekly round-up of all the sector specific news and insights from repairers, insurers, vehicle manufacturers, the supply chain and many more simply complete and submit the form. We’ll do the rest to keep you connected…

* indicates required

I would like to receive:

Please tick below to confirm you would like to receive emails from I Love Claims Ltd.

You can unsubscribe at any time by clicking the link in the footer of our emails. For information about our privacy practices, please visit our website.

We use Mailchimp as our marketing platform. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. Learn more about Mailchimp's privacy practices here.

By sumbitting this form I agree for ARC360 to contact me. Privacy Policy.

Become a partner

Interested in finding out how your organisation could become involved with the industry’s leading forum?

CONTACT US NOW