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UK Car Production Grows Over 6% On Export Demand

UK car production rose in March as demand from foreign markets offset the fall at home and easing supply shortages of auto components such as semiconductor chips meant output grew in the first quarter amid the sustained surge in the popularity for battery electric vehicles, data from the Society of Motor Manufacturers and Traders, or SMMT, showed Friday.

Car production rose 6.1 percent year-on-year to 81,605 units in March, driven by a 10.4 percent surge in exports. Output for the home market declined 5.1 percent.

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by Jyotsna V

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