UK car production has accelerated to its highest level since 1999 with more than 1.6 million cars built this year.
Figures from the Society of Motor Manufacturers and Traders (SMMT) show nearly 170,000 vehicles rolled off production lines in November – that’s a 12.8 per cent increase on the same month last year.
Dealerships will be pleased to hear the positive news for the UK’s car industry. Heading into 2017, you may well be looking to add to your business to capitalise on growing demand. New customer offerings, sales people and expanded premises can all help, but ensure to keep your motor trade insurance updated so your entire business is covered.
The UK’s automotive sector has been boosted by Nissan’s decision to build its next-generation Qashqai and X-trail at its plant in Sunderland, securing thousands of jobs both at Nissan and across the supply chain.
Of the 1.6 million cars built this year, over 80 per cent will be shipped to overseas markets
SMMT chief executive Mike Hawes said: "Made in Britain is a badge coveted by car buyers worldwide, and these latest figures highlight not just that international appeal but the fact that the UK is a globally competitive place to make cars.
"These latest results are the product of significant investments made over the past few years, but which will continue only if we can maintain the competitive trading conditions that have enabled the UK to become an automotive success story."