Main article: British motor industry
The British motor industry has always been export oriented[citation needed]. Today it employs about 850,000 people and produces about 1.5 million cars and 216,000 commercial vehicles per year, 75% of which are exported. The top five UK car producers are Nissan, Toyota, Honda, MINI and Land Rover. However, international competitiveness of UK cars have declined consistently since the 1990s and the country became unable to sustain production on par with Germany or France. Since 2000, motor vehicle production fell from 1,813,894 to 1,750,253. The country was overtaken by fast industrializing economies such as Brazil, India and Mexico.The UK is the 12th largest automobile producer in the world but Russia is poised to overtake it in 2008.
No comments:
Post a Comment