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Automotive Report United Kingdom 1st Quarter Product Image

Automotive Report United Kingdom 1st Quarter

  • ID: 2138439
  • January 2015
  • Region: United Kingdom, Great Britain
  • 13 Pages
  • The Economist Intelligence Unit

Mass car manufacturing in the UK is dominated by foreign companies. Around 80% of production is exported. The UK accounts for around 2% of world output and is Europe's fourth-largest manufacturer. The sector represents 3% of GDP value added, 15% of manufacturing value added and 10% of goods exports.

UK vehicle production fell by one-third in 2008-09 before recovering during 2010-12, primarily in response to emerging-market demand. Output eased again in 2013-14, weighed by contracting commercial vehicle output. Recent and planned investment in production is reliant, in part, on a gradual recovery in European demand and continued robust sales in emerging economies, and there are risks to both.

Demand far outstrips domestic production, making the UK a net importer of vehicles. After a contraction in 2008-11, a rapid recovery in UK car sales since early 2012 has contrasted with a slump in the euro zone, leading to the UK replacing France as the second-largest market in the EU28, after Germany.

Industry List: Automotive, Automotive, Commercial and other vehicles, Automotive, Fuel sources, Automotive, Passenger vehicles
Industry Codes (NAIC): 336
Industry Codes (SIC): 37

Note: Product cover images may vary from those shown

Automotive Report United Kingdom 1st Quarter

Automotive report

Automotive report: Overview

Automotive report: Passenger cars

Automotive report: Commercial and other vehicles

Automotive report: Production

Automotive report: Fuel sources

Note: Product cover images may vary from those shown
Note: Product cover images may vary from those shown

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