Car production in the UK is performing well at the moment and this trend is likely to continue for several years to come.
The latest figures published by the Society of Motor Manufacturers and Traders predict the sector will continue to expand until 2017, at which point it will hit its peak.
John Leech, head of automotive at KPMG, has been commenting on the statistics and he suggested the current situation is just the start of a thorough recovery in the market and that car manufacturers are in for a period of booming results in the coming months and years.
Car production grew by 17.4 per cent in October this year, with annual expansion set at 5.4 per cent. In comparison, production levels declined in a host of other European countries, including Germany, Italy, Spain and France, all of which are renowned as major vehicle manufacturers.
"The industry is confident that demand from the eurozone is just now starting to recover and that UK and emerging market demand will continue to be very strong in the short term," Mr Leech explained.
News of a potential rise in car production in the future is good for the UK for a variety of reasons, such as the boost to the economy this will provide. After all, vehicle manufacturing suffered more than most sectors when the recession hit, so turning this around will be vital to the nation's coffers.
Secondly, a boom in the motor trade can lead to a rise in the number of automotive jobs that are available throughout the UK, with posts such as engineers, designers and factory workers all needing to be filled.
Mr Leech added the current production rate being seen in the country is back at around the same level as it was before the recession in 2008.
"Our forecast is that UK car production will continue to rise in 2014, 2015 and 2016 before peaking in 2017 at 1.9 million vehicles," he explained.
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