In 2018, the motor industry contributed 18.6 billion British pounds to the country’s economy. This was about the same value as observed in 2015, following decreases in the last two years. That same year, the automotive sector was employer to some 823,000 people, which was the highest figure recorded between 2013 and 2018. This rise was also seen in the manufacturing industry, where employment amounted to 168,000.
Just as the market put the brakes on small diesel engine vehicles, the sales value of small petrol run vehicles manufactured in the UK made a u-turn following years of decline. Sales of small spark-ignition engine vehicles grew by 177 percent from 2013 to 2017, while the value of small diesel engine vehicles fell 83 percent over exactly the same period.
Sales of car accessories and body parts also increased in the last few years. Car seat production brought in nearly 1.8 billion British pounds in 2017, the result of a year-on-year growth since 2010. That same year, also marked the peak of vehicle suspension system sales. Steering equipment, on the other hand, recorded a decline in sales for 2017, following a high of 232.3 million British pounds the year before.
An integral part of any land vehicle, the sale of plastic parts also noticeably increased in the past decade.