Vehicle manufacturing growth in March fails to offset first quarter decline

SMMT: Exports drive growth in car production, while commercial vehicle output rises through domestic demand

UK car and commercial vehicle production rose by 17.1% to 79,018 units last month, according to the latest figures published by the Society of Motor Manufacturers and Traders (SMMT). Output of cars, vans, trucks, taxis, buses and coaches increased in comparison with a weak March last year, when the earlier Easter break reduced working days and significant model changeovers began to impact output.

Car manufacturing grew for the first time in 12 months, driven by robust export demand that...

+89% more