PwC comment: Car manufacturing output increases in March

Published at 11:39 AM on 24 April 2014

UK car production rose 12% in March to 142,158 units, bringing 2014-to-date growth to 2.9%, industry figures have shown.

 

Phil Harrold, automotive partner, PwC, said:

 

“The SMMT manufacturing figures released today show a year on year increase of 12% to 142,000 vehicles, some 80% of which are exported. Increased output reflects the recovering confidence in Europe and the launch of new models, particularly from Mini and Nissan.

 

“New model launches planned by other UK manufacturers for this year should result in continuing increases in manufacturing volumes.”

 

Ends 

 

 

About PwC

 

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Lucy Bishop
PwC | Media Relations Executive
Direct: +44 (0) 20 7212 3205 | +44 (0) 780 803 5503
Email: [email protected]

 


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About PwC

At PwC, our purpose is to build trust in society and solve important problems. We’re a network of firms in 157 countries with more than 208,000 people who are committed to delivering quality in assurance, advisory and tax services. Find out more and tell us what matters to you by visiting us at www.pwc.com.

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