Car production in the UK is on course to reach two million vehicles a year by 2020, which would mean breaking the existing 1972 record.
According to a report by the Society of Motor Manufacturers and Traders (SMMT), 1.5 million vehicles have been manufactured in the UK last year and the number is expected to rise as the UK reinforces its position as Europe’s third-largest car-maker behind Germany and Spain.
"The automotive industry has made tremendous strides in recent years, as significant investment, along with partnership with government, has driven huge growth in production and employment,” said SMMT chief executive Mike Hawes.
Although dependent on global market conditions, the SMMT forecast expects that production of premium vehicles will rise from 37 per cent in 2010 to 54 per cent in 2020.
Car manufacturers will be able to create additional 9,500 jobs and spur the generation of further 28,000 positions in the supply chain.
"The prospect of further jobs growth, particularly in the supply chain, is extremely encouraging, while the UK's consolidation as a global hub for premium production is testament to our prowess in design and precision engineering,” Hawes added.
Also the proportion of vehicles for export is expected to rise.
The SMMT stated the forecast takes into account a scenario where the UK stays in the European Union.
The previous UK car-production record from 1972 was achieved when the popular Ford Cortina model was produced in the country, allowing the overall number of vehicles produced in a year to reach 1.92 million.