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30 Mar
16:28

UK car production steadies in February

UK car production fell year-on-year in February but only very marginally according to the latest data from trade association SMMT. Commercial vehicle (CV) output also fell but more severely, Kallanish notes. UK car production declined by -0.8% on-year in February, with some 1,033 fewer units made. Output for the domestic market climbed by 7.8% while exports fell by 3.1% to 94,999 units, “… reflecting a fundamentally sound sector despite global challen…
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