Thursday, 27 July 2017

UK car production falls 13.7% almost as UK sales dip



UK car production fell by 13.7% in June compared to a year earlier - the third month in a row that output has fallen.

 
The Society of Motor Manufacturers and Traders (SMMT) said the UK market was cooling in line with forecasts, following a long period of record growth.


The industry is likely to fall short of its ambition to produce more than two million cars a year by 2020, it said.


The SMMT said uncertainty over Brexit was an added cause for concern.


But a spokesperson for the Department for Exiting the European Union said the government was determined that the UK would continue to be "one of the most competitive locations in the world" for automotive manufacturing.



BBC    News.