The future is bright for West Midlands car manufacturers

The future is bright for West Midlands car manufacturers

The future is bright for West Midlands manufacturers according to Matt Harwood, business development manager at Barkley Plastics, a plastic injection moulding specialist based in Birmingham.

Following the news that car production in the UK has increased for the 12th consecutive month, with over a million vehicles built so far this year, name said :"It's great news to see car production continuing to grow in the UK and highlights how competitive our domestic industry is in producing vehicles for the rest of the world.

"The more we make in the UK, the better it is for the supply chain and my company has certainly benefitted in recent months from increases in volume with mainstream carmakers and securing a prestigious contract to produce parts for a supercar.”

Findings from the Society of Motor Manufacturers and Traders (SMMT) revealed that output rose by 7.6% in July compared to the same month last year, to 126,566, amid double digit growth for home and export markets.

The number of cars built totalled 1,023,723 in the first seven months of the year, the first time the one million milestone was reached in July since 2004.

Exports were up by 6% last month, with a 14% rise in output for the domestic market.

"I still think there is an air of uncertainty around following Brexit and we are all keeping one eye on what is going to happen in the future. The big challenge for the UK automotive sector is ensuring it is in the best possible position to win the next big wave of investment in new models,” added Harwood.

More than three-quarters of a million cars built in the UK this year were for overseas markets - almost four out of five of all cars manufactured.

Mike Hawes, SMMT chief executive, said: "UK car production in 2016 is booming, with new British-built models in demand across the world.

"Manufacturers have invested billions to develop exciting new models and produce them competitively here in the UK.

"Future success will depend on continued new car demand and attracting the next wave of investment so Britain must demonstrate it remains competitive and open for business."

Business and energy secretary Greg Clark said: "Our automotive sector continues to go from strength to strength thanks to our highly-skilled workforce and long-term investment in new technology and innovation.

"This government's comprehensive industrial strategy will build on that success, ensuring that we have the right infrastructure, skills and support in place for our world-leading industries as well as support for new emerging sectors to flourish."

 

 

If you’ve enjoyed this article, click on the link below to sign up for more similar stories in your area.

Bqlive BQB Sign Up Button WM