There have been plenty of signs in recent times that the UK car production market is bouncing back and this has been further underlined by one organisation.

KPMG has suggested the sharp increase in vehicle production in the country has had a positive impact in other areas and is driving substantial growth in automotive supply chain mergers and acquisitions.

John Leech, KPMG UK head of automotive, explained the body has acted as corporate finance advisor to vendors involved in five separate deals in the last seven months and this is only likely to increase in the future.

"The reason for this is fast-growing UK car production, notably by Jaguar Land Rover, which is requiring suppliers to attract investment to expand capacity and set up overseas facilities," he stated.

A booming automotive sector is a sure sign of an improving economy and the revitalisation of the UK's vehicle production market comes on the back of several years of struggle. As such, it has been widely welcomed by experts in recent months.

Simon Heath, automotive mergers and acquisitions specialist at KPMG, also had his say on the issue and indicated plenty of business is being done on the back of the rise in vehicle production.

"Buyers include automotive suppliers from US, China and Europe but also private equity excited by forecast growth in UK car production to two million vehicles in 2017 which might see the UK beat its all-time production record," he stated.

With such growth anticipated, it is an ideal time for major automotive production companies to start taking on new staff in automotive jobs in order to provide them with the experience required to oversee this rise.

Mr Heath went on to note that there are plenty of firms around the world contemplating European acquisitions as they are keen to follow in the footsteps of their peers.