Society of Motor Manufacturers and Traders (SMMT)’s Post

Car production slowdown continues as factories gear up for new models - UK car production declines -14.4% in July as model changeovers and temporary supply chain constraints restrict output. - Export volumes down -16.3% but domestic demand holds up, declining by just 672 units. - Production output value in first seven months of 2024 holds level, despite volume decline. https://lnkd.in/eD823mWk

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