The last time sales were this good, the year started with a one.
There has been a lot of doom-and-gloom surrounding the UK decision to leave the EU. However, Brexit has not been all bad (yet) for certain segments of the auto industry, with supercar sales faring particularly well. In fact, a new report from the Society of Motor Manufacturers & Traders (SMMT) says that British car manufacturing has reached a 17-year record high. The UK car industry built 1.7 million cars in 2016, an increase of 8.5 percent from the 1.5 million cars in 2015. This is the highest output for the British car industry since 1999.
There is even more good news for the British car industry, as 83.9 percent of vehicles produced are for export. More cars are being exported from the UK than ever thanks to investments in world-class facilities. The UK is also home to Europe's most highly-skilled and productive workforce. Ten new models began production in Britain last year, nine of which were for luxury brands, which has helped Britain become the second largest producer of premium vehicles behind Germany. Eight out of ten cars produced in Britain is exported, destined for one of 160 worldwide markets. It wasn't just British brands that helped boost sales, other companies make cars in the UK as well.
Jaguar-Land Rover has the largest sales, followed by Nissan, Mini, Toyota, Honda, Vauxhall, along with many of Britain's smaller companies. Top Gear once showed how diverse the British car industry was, and now their claim can really be backed up by impressive sales.