UK automotive industry has its best first half since - leatherbiz: Lea Leatherbiz

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UK automotive industry has its best first half since 2008

23/07/2015
The UK car manufacturing sector has recorded its best first-half output figures since 2008. Between January and June 2015, 793,642 cars rolled off UK production lines, slightly up on the figure for the same period last year.

The news comes amid further evidence that the sector is leading the way on productivity. New figures reveal that the sector achieved £100,000 in value added per employee in 2014 compared with £74,000 in 2010 – a 35% increase. The performance is particularly impressive when set against the £50,000 average per employee for the UK economy as a whole.

Production volumes have increased by more than 50% since 2009, industry body the Society of Motor Manufacturers and Traders (SMMT) said on announcing the results. SMMT chief executive, Mike Hawes, commented: “[These] figures are testament to the ever-increasing demand for the diverse, high-quality range of cars we make in the UK. The sector is ahead of the game on productivity, with investment in efficient, high-tech manufacturing processes and a highly skilled workforce resulting in huge gains over the past decade.”


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