Monthly journal Parking Review has been the definitive source of news and intelligence on the UK and international public and private parking sectors since 1989.

British car manufacturing output grew 21% in January

SMMT: Electrified vehicle production continues to grow

Mark Moran
29 February 2024

 

UK car production got off to a fast start in January, according to the figures published today by the Society of Motor Manufacturers and Traders (SMMT).

Volumes rose 21.0% to 82,997 units, marking the best January performance since 2021 and the fifth straight month of growth as global demand for British-built brands continued to grow and legacy supply chain challenges, notably semiconductor shortages, abated.

The bulk of production was for export (75.8%), with overseas shipments up 11.6% to...

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