(RTTNews) - British car production increased for the fourth consecutive month in February, a report from the Society of Motor Manufacturers and Traders showed on Thursday.
The car production increased 62.7% on an annual basis to 97,255 units in February.
Paul Everitt, SMMT chief executive said,"Manufacturers and government need to work together to ensure that there is continued investment in new products and technology to sustain future growth,"
"Industry looks to next week's Budget to maintain stability in demand through continued investment in new products." he added.
For the year to date period, car production increased 63.8% compared to the same period of the previous year. During the period, car output totaled 198,445 units.
The commercial vehicles production climbed 74.2% on an annual basis to 10,226 units in February, while UK engine production was up 58.9%. At the same time, total vehicles production rose to 63.7% to 107,481.
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