UK car manufacturing in top gear | KPMG | UK

UK car manufacturing in top gear

UK car manufacturing in top gear

John Leech, head of automotive at KPMG, comments on the automotive manufacturing figures published by the SMMT.


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John Leech said: "UK car production grew by 9.8 per cent in March 2016 leaving the first quarter up by 10.3 per cent. This strong performance is due principally to market share gains from the launch of new models such as Jaguar XE, F-PACE and Vauxhall Astra. The recovering EU and Chinese market, buoyant UK market and weak Pound ahead of the EU referendum will provide a strong tailwind for the second quarter. We forecast UK vehicle production will grow by 8 per cent overall in 2016."




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