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UK car exports race to five million!
21st August 2014
- July marks five million cars exported from UK since the beginning of 2010 – the best performance of any decade.
- 132,570 cars manufactured in July – a rise of 2.8%, as 2014’s steady growth continues.
- The average car exported today is worth over £20,600, compared to just £10,200 in 2004.
"The UK automotive industry continued its renaissance in July, with the month marking five million car exports since 2010," said Mike Hawes, SMMT Chief Executive. "This is a major milestone and testament to the burgeoning reputation of UK automotive excellence and demand for British-made cars. Significantly, UK car export values have doubled over the past decade – reflecting the diversity of the products we make and proving the sector’s worth as a global investment opportunity."
| Car manufacturing | Jul-13 | Jul-14 | % Change | YTD-13 | YTD-14 | % Change |
| Total | 128,946 | 132,570 | 2.8% | 893,336 | 923,884 | 3.4% |
| Home | 28,895 | 29,589 | 2.4% | 191,649 | 195,444 | 2.0% |
| Export | 100,051 | 102,981 | 2.9% | 701,687 | 728,440 | 3.8% |
| % export | 77.6% | 77.7% | 78.5% | 78.8% |