UK automotive industry production continues to grow

The UK automotive sector experienced strong growth over the early months of 2016, according to figures compiled by the Society of Motor Manufacturers and Traders (SMMT).

The car industry, which is a major consumer of steel, has benefited from healthy demand from export markets and has expanded production to meet it.

A total of 588,024 cars were built in the UK between January and April 2016, up 10.8% on the corresponding period of 2015, while the number of engines manufactured increased by 6.2% year-on-year to 899,516.

SMMT chief executive Mike Hawes said: “Britain’s car manufacturing sector continues to thrive with a steady domestic market and surging demand from overseas, including our biggest export destination, Europe. This growth represents a significant endorsement of the strength and quality of the UK automotive industry.”

The SMMT also reported rises in commercial vehicle production and the number of buses, coaches and heavy trucks registered.

Hillfoot have extensive experience of supplying engineering steel to carmakers and automotive component manufacturers, helping companies to control costs and improve the reliability of their supply chains.

Contact us for more information about our services for the automotive sector and how they could benefit your business.