Industry Analysis & Industry Trends
The Motor Vehicle Manufacturing industry endured a bumpy ride during the worst of the economic downturn, although industry conditions have since perked up. Consumer and business confidence plummeted during the economic downturn, causing industry revenue to collapse in 2009-10. Conditions have since improved and production rose strongly in 2010-11, resulting in revenue growing by 20.3% for the year. Production has continued growing, albeit from a low base. Some manufacturers have had considerable success exporting cars to developing countries. For example, the industry's most dominant operator, Jaguar Land Rover, has grown at a remarkable rate over the past five years through the use of this strategy. Overall, the industry is expected to grow at a compound annual rate of 8.7%... purchase to read more
Industry Report - Industry Products Chapter
Petrol-run cars are expected to account for 36.7% of revenue in 2014-15. Petrol is no longer the most common fuel type for cars sold in the United Kingdom after it was overtaken by diesel in 2011. Despite this, it is still the most commonly produced fuel type. This is because a majority of UK-produced cars are exported and in most of the industry's key export markets petrol cars are still dominant. However, demand has been shifting from petrol cars to diesel cars over the past five years and as a result this product segment has fallen as a proportion of revenue.
The production of diesel-run cars is expected to generate 32.5% of industry revenue in 2014-15... purchase to read more