There were 150,060 cars manufactured in the UK in October 2014, 6.7% less that the amount built in October 2013, according to figures released by the Society of Motoring Manufactures (SMMT).

The drop came entirely from cars built for export, which saw a 10.8% year-on-year drop in the month to 116,165 cars.

The number of cars built for domestic use actually increased in October, up 10.6% to 33,895 cars. As a result, 77.4% of cars built were made for export, compared to 81.0% in October 2013.

As a result of October’s numbers, year-to-date figures were down 0.3% on the same period 2013, at 1,282,077 vehicles. Of these, 22% were made for domestic use, compared to 21.1% in the same period 2013.

Mikes Hawes, SMMT chief executive said: ""The UK’s car manufacturing industry is still in a strong position in spite of the growing uncertainty surrounding the global economy."

"Billions of pounds have been invested into UK facilities in the past two years, with several new models starting production this year and more in the pipeline. There is still demand for UK-built products given their reputation for quality, design and engineering excellence."

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.