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UK automotive sector calls for action plan to safeguard £14bn recovery

Mark Moran
29 November 2022
Mike Hawes

 

The UK automotive industry is urging the government to take rapid action to secure the long-term future of one of the country’s most important assets, while accelerating its decarbonisation.

The call comes as the sector finally begins to emerge from the pandemic-induced downturn, with new analysis from the Society of Motor Manufacturers and Traders (SMMT) suggesting its return to growth could be worth an additional £14bn to the UK economy next year alone.

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