UK car production hits eight-year low as consumer confidence dips

UK car production declined for the first time in eight years in 2017, according to latest figures. In total, 1,671,166 vehicles rolled off production lines last year, a 3% decrease on 2016 and the first decline since the depths of the recession in 2009. However, the Society of Motor Manufacturers and Traders (SMMT) – which published the figures – said overall output was the second highest in 17 years. Nevertheless, there was a near 10% fall in output for the UK market with a large amount of blame for this laid at the feet... 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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