Rapid Rise in UK Car Production
UK car production accelerated rapidly, rising 64.8% from the same period of the previous year. According to the Society of Motor Manufacturers and Traders, since May 1976 that was the largest year-on-year increase in monthly production.
About 101,190 cars were manufactured in January, up from 85,316 in December. Car production level chops down to a 25-year low in 2009.
"SMMT expects a modest recovery in 2010 output as economic growth, a competitive exchange rate and the introduction of innovative new models to UK plants help to lift manufacturing levels above those seen in 2009", said Mr. Everitt, SMMT Chief Executive.
Comparing with January 2009, UK engine production rose 26.3%, last month.
"The January production figures show the benefits that the scrap page scheme is continuing to deliver to the automotive sector. I am pleased that the scheme has helped the industry to achieve its biggest output gain since May
1976", said a Business Department spokesman.
New Zealand News
- Tesla offering new discounts & perks in China amid negative press
- Electric Vehicle Council slams Victoria Government for proposed punitive mileage tax on electric cars
- Chinese EV brand Ora unveils VW Beetle-inspired electric car Punk Cat
- Swapping personal car for e-bicycle saved over $50,000 in just 7 years: San Francisco woman
- Hyundai Motor Corp to create ultra-fast EV charging network E-pit in Korea
- Tesla pockets roughly $101 million in profit from sale of some of its bitcoins
- Norway’s ICE car sales decline as buyers making shift to EVs
- Pursang launches Retro-inspired E-Track Motorcycle for Euro 14,449 in Netherlands
- ElectReon successfully tests dynamic wireless EV charging system on public road in Sweden