British passenger car production rose 16% in April exports supply increased by 24%
Sort:NEWS   Time:2016-6-13 10:39:30

     UK manufacturers association (SMMT), according to data released yesterday in April this year the UK passenger car production rose 16% year-on-year, for export yield strength increases by 24%, compared to the supply of domestic production, fell 8%.
     In April this year, Britain's passenger car production is 149334 cars, 128312 climbed 16.4% from the same period a year earlier, for the ninth month in a row to achieve sales growth. export production to 121732 vehicles, compared to the same period of last year's increased 23.7% 98382 , accounting for 81.5% of the overall production; Supply the domestic market of production is 27602 units, down 7.8% year-on-year. Strong overseas market demand is the main driver of April production growth, the growth of the export production makes up for the insufficient supply of domestic production.
    The first 4 months, the passenger car production increased from 530505 to 588024 by the year of, rising 10.8% year-on-year.
    Foreign exports climbed 14.3% to 451385 vehicles, compared to 76.8% of total production; Supply the local market yield is increased 0.9% year-on-year to 136639 units.
   SMMT CEO Mike Hawes said, "the British market continue to maintain the stability of the country, foreign demand, particularly the UK's largest automobile export market for European market demand trend. This growth is a great support for the British car industry quality and strength."(source:))

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