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Economy receives finance boost from car exports

It seems that car finance news has taken a turn for the good this week, as new figures have shown that the UK’s exporting trades have boosted the economy. Furthermore, the exports have involved cars, which shows the UK’s motoring industry is still alive and kicking thanks to plants such as Nissan’s Sunderland plant and Honda’s Swindon plant.

It seems that car finance news has taken a turn for the good this week, as new figures have shown that the UK’s exporting trades have boosted the economy. Furthermore, the exports have involved cars, which shows the UK’s motoring industry is still alive and kicking thanks to plants such as Nissan’s Sunderland plant and Honda’s Swindon plant.
 
Exports to non-EU countries rose to £12.9 billion, up from £12.4 billion in December, but while the figures look promising, some believe the future is looking rocky.
 
Chris Williamson, chief economist at financial services information firm Markit, said: "Resurgent economic growth in the US and emerging markets is helping keep the UK economy from sliding back into recession, but the outlook remains very uncertain."

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