Newspaper article Evening Chronicle (Newcastle, England)

Euro Buyers Lead UK Sales

Newspaper article Evening Chronicle (Newcastle, England)

Euro Buyers Lead UK Sales

Article excerpt

Byline: By Steve Hughes

Britain's car factories will become increasingly dependent on European car buyers' tastes, with 70% of production currently being exported, according to leading auto industry pundit Professor Garel Rhys.

Speaking at The Sunday Times Motor Show Live, Professor Rhys, Cardiff business school's automotive industry director, says: "The dependence on our domestic market by UK car makers is a tenuous thing of the past with more than 80% of sales coming from imports.

"It is now the global motor industry in Britain, but it remains dynamic with export levels exceeding Japan's."

Professor Rhys said the UK new car market is going from strength to strength and is heading for a record 2.65m sales this year. "It is as competitive as ever with weak prices and the consumer getting a good deal. The UK acts as a dynamo for foreign producers with only us and Spain generating vibrant sales," he said.

He predicts UK car output will reach 1. …

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