The Society of Motor Manufacturers and Traders said the automotive sector is able to beat the previous 1972 record of 1.92 million cars produced, after a strong post-recession rebound and unprecedented levels of investment.
The Society of Motor Manufacturers and Traders (SMMT) estimates that over two million cars could be manufactured in the UK in 2015, after strong confidence in the sector from domestic and international investors.
Success stories such as that seen at automotive companies Jaguar Land Rover and Nissan are exemplary of the robust strength demonstrated by the sector.
After a devastating recession and then the effects of the Japanese Tsunami on global automotive supply chain, the stated aim is a bold one, but reflects the concrete and powerful position of automotive companies operating in the UK.
“[The UK automotive industry’s] engineering expertise, workforce flexibility and renowned motoring heritage, combined with top level collaboration between industry and government, makes the UK an important location for the global automotive industry,” said Paul Everitt, SMMT’s chief executive.
Commenting on the levels of investment and the need for a stable Eurozone, Everitt added: “The UK has … a tremendous opportunity to see vehicle manufacturing rise to record levels in the years ahead. To remain globally competitive it is essential that industry and government continue to work in partnership and that key eurozone markets return to sustainable levels of economic growth.”
