The automotive industry is one of the fastest-growing and constantly-developing in the world. As the global economy picks up after years of difficulty, this is one sector that is expected to advance quicker than any other.
Recent data released by the Society of Motor Manufacturers and Traders (SMMT) revealed that car sales in the UK during 2013 stood at their best since 2007, as cheap credit deals and stronger consumer confidence began to take hold.
According to the body, some 2.26 million vehicles were registered last year, representing a 10.8 per cent rise on 2012. The total was boosted by a 23.76 per cent rise in sales during December, which marked the 22nd consecutive month of increases.
Mike Hawes, chief executive of the SMMT, said: "With its best year since a pre-recession 2007, the UK new car market has helped stimulate the country's economic recovery.
"While the European market is only now showing signs of improvement, the UK has consistently outperformed the rest of Europe, with 22 consecutive months of growth."
Pressure on the industry
As economic conditions continue to improve, it is likely that automotive companies will face increasing pressure to keep up with rising demand. For this reason, it is vital that firms do everything they can to ensure they remain as efficient as possible.
At Fine Cut, we understand the importance of running a company that is ahead of the pack. We aim to make your life as easy as possible by taking care of the things that you may have overlooked.
Our innovative identification and marking products for the automotive industry are of the highest quality, while being suitable for a variety of applications ranging from motors to cable and wiring looms.
Motor labels, serial numbering, switches, barcode tracking, warning labels, batteries, lighting controls and cable marking labels are just some of the specifications that Fine Cut's products can support.
Our dedicated team of engineers utilise various materials and adhesives on our range of labels, including polyester, high tack, permanent, security, transparent labels and adhesive-free areas. Fine Cut's automotive labels are resistant against several substances, such as oils, diesel, petrol and grease - meaning they are durable and will not need to be replaced often.
Looking to the future
The past year has been a time of expansion for the automotive industry, as the sector continues to recover after the economic downturn. Now, households are looking to make big purchases as they feel more confident about their financial future.
To reflect this, several vehicle brands have confirmed growth plans to support this increasing demand.
Earlier this month, Rolls-Royce Motor Cars confirmed its intentions to create 100 jobs at its base in Goodwood, Sussex, following a fourth consecutive global sales record. The new positions are in addition to the 100 positions confirmed in July last year and will be mostly focused on manufacturing operations.
BMW is also looking for around 160 young people to take up apprenticeships through its manufacturing and dealership schemes this year.