UK new vehicle manufacturing declined by -11.9% to 417,232 units in the first six months of the year, according to the latest figures published today by the Society of Motor Manufacturers and Traders (SMMT).
The decline was softened by a 6.6% increase in car production in June, although this was in comparison with last year when model changeovers and supply chain issues stymied output.1 As a result, year-to-date car output declined by -7.3% as 385,810 cars rolled off factory lines....
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