Market intelligence, trend analysis and forecasts for the Automotives industry across the regions

Industry / United Kingdom

UK Car Industry Shows Signs Of Recovery

October 2006 | BMI View

At the start of 2006 and even before, it seemed as if the UK's automotive industry was teetering dangerously on the brink of a permanent decline. The UK lost the emblematic MG Rover, and rumours that Ford was to sell the equally iconic, but loss-making Jaguar began to surface. Back to back investment plans unveiled by industry majors such as BMW, Nissan and Honda, however, promise to set the industry firmly back on the path to strength and future growth. In BMI's newly published UK Automotives Report, we are forecasting production of 2.015mn completely built units (CBUs) for 2006. This

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