Posted on May 19, 2012

The first quarter of 2012 has been an exciting one for the UK car industry – export sales increased to a level of £6.1 billion. For the first time since 1976, car export values exceeded import values.

There has been a huge demand overseas for vehicles built in the UK; the increase in exports has mainly been to non-EU countries such as the USA, China and Russia. Exports to non EU increased by 28.5%, while exports to EU countries increased by 9.5%.

 

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