UK Car Production Rises
Economy, Auto

UK Car Production Rises

UK car production rose 9% in November, helped by a strong increase in exports, the Society of Motor Manufacturers and Traders said on Monday.
This compares with a nearly 1% fall in October when higher exports failed to offset a drop in domestic demand.
A total of 150,084 cars were built last month with an 11% rise in the number of vehicles headed overseas, compared with a 3.4% increase in the amount of cars destined for the UK market. Around four in five cars built in the UK are exported.
“Particularly pleasing is the recent pickup in export production, which is proof that despite challenges in some global markets, the UK continues to build cars that appeal to consumers across the world,” said Mike Hawes, CEO of SMMT.
Output stood at 1.47 million in the 11 months to November, making it likely the UK will surpass the total tally of 1.53 million achieved last year once December’s figures come through.
Nissan, Toyota, Honda, BMW Group’s Mini and Rolls-Royce, Volkswagen’s Bentley and Tata’s Jaguar Land Rover are among automakers that build cars in the UK.

Short URL : http://goo.gl/4ZsNu5
  1. http://goo.gl/E6i497
  • http://goo.gl/D28qjL
  • http://goo.gl/Df1c7S
  • http://goo.gl/mWf8n2
  • http://goo.gl/4NvIVF

You can also read ...

Alcatel’s Android Go Cellphone in the Offing
Two of the phones Alcatel revealed last month will be coming...
NASA Seeks Help to Check Satellites
NASA is asking all cloud gazers to snap photos of the sky and...
Iran has signed a contract with China Railway Group Limited in 2015 to build a 415-km (260-mile) high-speed north-south rail line between Tehran and Isfahan via Qom.
The Economy Ministry sold 2 trillion rials ($41.6 million) of...
Trade With Afghanistan Tops $2b
Iran and Afghanistan exchanged 5.32 million tons of non-oil...
Iran-Lithuania Trade Falls 44% in 2017
Trade between Iran and Lithuania stood at more than €11.1...
Banque Delubac Ready to Service Iranian Businesses
Executives with Banque Delubac and Cie, an independent French...
Gov’t, Workers, Employers Deadlocked in Setting Minimum Wage
With only a day left for the Supreme Labor Council to set the...
Golestan’s Exports Earn Over $180m
About 240,000 tons of commodities worth $184 million have been...