The UK produced more than one million vehicles last year and welcomed an enormous £23.7billion investment boost to the thriving industry. More than 905,000 cars and 120,000 commercial vehicles were produced across the country in 2023, helping to boost output by 17 per cent compared to the previous year. This has been put down to global supply chain issues easing and the relaxation of pandemic-related challenges, as well as increasing electrified model production, according to the Society of Motor Manufacturers and Traders (SMMT). This is the first time the UK has seen the production of one mil…
