John Leech, head of automotive for KPMG UK, comments on the growth of the UK car manufacturing in May by 2.3 per cent.
John Leech, head of automotive for KPMG UK, comments on the growth of the UK car manufacturing in May by 2.3 per cent. He said: “The strong domestic market continues to drive UK production, indeed it is still possible that new car sales in 2015 will beat the all-time record set in 2003.
“Overseas, it’s a mixed picture with the EU market’s recovery looking sustainable, while Russia and China continue to be challenging.
“Year to date production is down 0.8 per cent largely due to planned downtime ahead of new car launches such as the Land Rover Discovery Sport and Jaguar XE. Further upcoming launches this year include the Honda Jazz and Vauxhall Astra so overall we expect UK production to grow in 2015 and again in 2016 and 2017. We continue to forecast that in 2018 UK production will beat the all-time record set in 1972.”
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Nahidur Rahman, KPMG Press Office
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