The production of engines has also slightly risen, increasing by 1%, with nearly 1.7m engines being built in the first seven months of the year. However, on the other end of the scale, we see an 11% decrease in engine production for the domestic market.
SMMT takes the 13% export increase as a win. Mike Hawes, SMMT chief executive, said:
“It’s good to see previous significant investment into British engine technology and facilities continue to pay dividends, with strong and growing global demand for our high quality, cutting-edge products. To ensure future growth, it is critical we maintain the free and frictionless trade we currently enjoy with the EU and other key international markets.”
(Credit SMMT)
