MR_MSN_News_template_car_productionThe UK’s car production jumped by 12% last month as demand from Europe for British-built cars increases.

Nearly 80% of cars made in the UK are exported worldwide, and 142,158 were produced in March 2014 – compared to 126,909 in March 2013.

Official: UK car production is booming

UK car production hits six-year high

That means so far this year the UK has built 404,803 cars, a rise of 2.9% compared to this time last year.

The figures come from the Society of Motor Manufacturers and Traders (SMMT). Chief executive Mike Hawes:

“The 12% growth in UK car production in March is a significant step forward after a period of product changes at the start to the year.

“After several years in the doldrums, European demand for new cars is now picking up with growth in the last seven months. This is a welcome boost for the UK’s volume manufacturers for whom Europe is the key market.

“As new models are launched and investments realised, the sector remains on course for all-time record levels of output by 2017.”

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Official: UK car production is booming

UK car production hits six-year high