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UK car industry production up 62 per cent

Nearly 37,500 more cars came off British production lines during February this year, than in the sam

The production of automobiles in the UK was up 62.7 per cent in February compared to the same month last year, according to new statistics from the Society of Motor Manufacturers and Traders (SMMT).

The figures show nearly 37,500 more cars came off British production lines during the period. Commercial vehicle production too recovered sharply while engine manufacture increased by 59 per cent.

The society says the auto industry would be affected with the scrappage scheme ending soon but it expects improvements in the fleet and business sector to minimise the impact.

In another development that signals the re-emergence of the country's automotive sector, the British car industry has received investment commitments worth £2.6bn which will help create or protect thousands of new jobs.

This comes close on the heels of the opening of a £2.3bn fund by the business secretary, aimed at supporting the country's car industry and making it a global hub for the automobile sector.

Major auto manufacturers making investments in the British car industry include Vauxhall which will build its green cars on Merseyside; Nissan, which plans to produce electric vehicles in Sunderland; Ford, which has committed £1.5bn over five years to build next-generation diesel and petrol engines in its UK plants; and the Formula One team McLaren, which will invest £750m to build supercars in Woking.