UK automotive industry is on the up with premium products leading the way
After the recent spell of negative news in the motor industry, the team at Premier Products were pleased to hear some more positive news about UK car production this week.
According to research carried out by the Society of Motor Manufacturers and Traders (SMMT), car production in the UK grew by 15.5% in September 2015 when compared to September 2014.
A growing trend towards premium products is a key factor in the rise, with over a third of the UK’s car production falling into the premium category. That figure is also expected to rise to 54% by 2020. The UK is currently the second-highest producer of premium cars, behind Germany.
The report also found that in five years time, the UK’s automotive industry will be producing more than two million cars per year – breaking the current record of 1.92 million cars produced in a single year, set in 1972.
Alongside the rise in manufacturing is a predicted rise in employment in the UK’s automotive industry. The rise to producing two million vehicles annually in this country is expected to result in an extra 9500 jobs created within vehicle manufacturers, with the potential for a further 28,000 jobs to be created within the wider supply chain.
Whether your car is premium, budget or somewhere in between, we have a range of car mats and seat covers to suit both your car and your budget.