UK car production falls for eighth month in row as China exports dive

Automotive industry is also being hit by EU diesel vehicle rules and Brexit uncertainty

British car production declined for the eighth month in a row in January as output bound for China plunged by more than 70%.

The car industry is struggling with multiple headwinds, including falling demand in China, a regulatory backlash against diesel vehicles in Europe and continued uncertainty over Brexit, which has put the brakes on investment in the UK.

Continue reading...

from The Guardian https://ift.tt/2NvtjJ2

No comments

Powered by Blogger.