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Record Production Rates for UK Automotive Industry

14/02/2014
Record production in UK automotive industryThe UK’s 2013 car production figures look set to be the best for six years, the highest since the economic downturn, demonstrating a return of confidence to the British market.

The Society of Motor Manufacturers and Traders (SMMT) said in a recent report that over 1.5 million units were produced last year and of these, around 80% were sold overseas. This boost in production and sales has, in turn, fuelled growth in the automotive recruitment sector, providing new employment opportunities across all levels.

The UK car industry could be argued to be the strongest in Europe as it was the only one to consistently grow last year, documenting YOY growth of 10.8% and strong export figures for destinations outside of the EU.

It’s also interesting to note that the growth seems to have happened at both ends of the market. Whilst there has definitely been a move towards smaller cars in the Mini and Supermini segments (driven by demand for smaller, more fuel effective models), luxury models from British marques such as Bentley and JLR have also been driving growth.

The UK automotive industry has certainly been an attractive prospect for some, with it receiving £6 Billion of investment over the last two years and creating over 30,000 new direct and indirect jobs. The development of Bentley’s new SUV is expected to create 1,000 UK-based jobs alone and this growth is likely to be sustainable, with 2014 expecting to at least match 2013’s incredible performance and expected growth rates to be at least 1% over the year.

Steve Lowther, Business Manager-Automotive at Fircroft, said: “The sustained growth the UK’s automotive industry has seen over the past few years is phenomenal. Despite other industries falling in the economic downturn, automotive has remained resilient. In particular, Bentley and JLR have continued to flourish by bringing to market continuous product innovations and we’ve seen a lot of new roles created as a result.”

If you’re interested in learning more about our current UK automotive industry roles, please take a look here.

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