UK Auto makes one million vehicles and welcomes £23.7 billion investment boost
SMMT
JANUARY 24, 2024
in 2023, its best growth rate since 2010, with the total retail value of all models made coming in at more than £50 billion. 4 While 191,247 cars were built for domestic buyers, the lion’s share of output was shipped overseas, evidence of the contribution automotive exports make to the UK economy. Overall, UK car production rose 16.8%
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