UK car production down by half as Brexit shutdowns bite

British car manufacturing output plummeted by almost half in April, according to figures published today by the Society of Motor Manufacturers and Traders (SMMT). Just 70,971 cars rolled off production lines in the month, down 44.5% year on year as factory shutdowns, rescheduled to mitigate against the expected uncertainty of a 29 March Brexit, took effect in many plants across the UK. Manufacturing for domestic and overseas markets fell by 43.7% and 44.7% respectively as most volume manufacturers brought forward, and extended, ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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