British motor manufacturing set for further growth

More jobs are likely to be created in the UK's car manufacturing sector over the coming years, after one body predicted it is set for substantial growth.

KPMG has indicated vehicle production in the country is likely to continue to increase each year until 2017, at which point it will peak.

John Leech, KPMG's head of automotive, has outlined his thoughts on the future of the industry in the aftermath of the Society of Motor Manufacturers and Traders' latest figures, which showed there was a 9.9 per cent hike in car production in September.

This extended a series of results that have been positive and reflected an ongoing trend for growth in this market.

Mr Leech said the industry is extremely confident that demand from within the eurozone has now stabilised after it suffered six consecutive years of decline. Buyer numbers are now strong and steady, making it easier for motor manufacturers to plan.

What's more, emerging market demand from around the world is likely to be very good in the near future, providing more strength to the UK's production industry.

"The average price of cars exported is now double that of cars imported which shows that the UK is slowly reorienting itself as a manufacturer of luxury cars, which is a much more sustainable situation than we have had before," Mr Leech stated.

He went on to explain the current production run has now finally returned to pre-recession levels, which were last recorded in 2008.

KPMG believes car production levels will continue to rise in 2014, 2015 and 2016 before hitting a peak of 1.9 million vehicles in 2017.

This is sure to be good news for all those seeking automotive recruitment, as increased production is sure to have a knock-on effect into a range of areas, including sales and repairs.

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