Increase in UK car production ’cause for optimism’, says trade group
The Society of Motor Manufacturers and Traders said the global shortage of semiconductors had started to ease.
The number of cars built in the first three months of the year increased by 6%, new figures show.
Production totalled 219,887, according to the latest figures published by the Society of Motor Manufacturers and Traders (SMMT).
The trade group said the global shortage of semiconductors and other components had started to ease, so factories produced 12,540 more cars than the same quarter last year, driven by exports which increased 6.6% and represented almost eight in 10 cars made.
Subscribe to Independent Premium to bookmark this article
Want to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today.