Xinhua, London :
Britain saw the total amount of investment in its automotive sector surpass two billion pounds (2. 24 billion U.S. dollars) this year, with more than 4,500 new jobs created, according to the figures released yesterday by the Society of Motor Manufacturers and Traders (SMMT).
Britain produced more cars in the first six months of this year than in any half-year since 2008, with a vehicle rolling off an assembly line every 20 seconds, the SMMT said. It is one of the largest trade associations in the UK.
While the number of cars produced in Britain continues to rise, they are also becoming ever-more British.
Figures released earlier this year by the Automotive Council revealed that UK vehicle manufacturers spent 19 percent more on domestically manufactured components in 2014 than the previous year. This growth has brought more than one billion pounds of extra business to UK-based supply chain manufacturers, boosting jobs and growth nationwide.
Britain saw the total amount of investment in its automotive sector surpass two billion pounds (2. 24 billion U.S. dollars) this year, with more than 4,500 new jobs created, according to the figures released yesterday by the Society of Motor Manufacturers and Traders (SMMT).
Britain produced more cars in the first six months of this year than in any half-year since 2008, with a vehicle rolling off an assembly line every 20 seconds, the SMMT said. It is one of the largest trade associations in the UK.
While the number of cars produced in Britain continues to rise, they are also becoming ever-more British.
Figures released earlier this year by the Automotive Council revealed that UK vehicle manufacturers spent 19 percent more on domestically manufactured components in 2014 than the previous year. This growth has brought more than one billion pounds of extra business to UK-based supply chain manufacturers, boosting jobs and growth nationwide.
