Car production in the UK has had its fair share of changing fortunes over the years. The demise of British Leyland in the 1980s and ’90s was offset by investments in car plants by Japanese automakers Nissan (Sunderland, 1984), Honda (Swindon, 1985) and Toyota (Burnaston, 1989). Even with all surviving British brands currently in foreign ownership UK manufacturing has thrived, as for the past three years more cars were produced in the UK than in France. UK car production is expected to reach a record 1,95 million cars next year, beating the previous high from 1972.
Jaguar-Land Rover has overtaken Nissan to become the biggest producer of vehicles in the UK, after the new Indian owner Tata invested over £ 11 billion in UK manufacturing since 2009. In six years time, production the two luxury brands has more than tripled from 158.000 units when it was on the brink of bankruptcy to almost 490.000 units in 2015, 81,5% of which is exported. During that period, J-LR’s UK payroll has increased more than five-fold to 35.000 employees.
Earlier this week Aston Martin gave UK car manufacturing another boost, when it decided to invest £ 200 million in its second UK factory in Wales instead of opting for Eastern Europe, Alabama, USA or any of the 18 other places it had considered. This will create another 4.000 jobs in the UK and comes right at the time when the UK manufacturing industry may be threatened by the upcoming referendum in June on a British exit from the European Union. [Read more…]