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Car production sinks to 60-year low
- 26/01/2023
- Posted by: Alan Feldberg
- Category: News
UK car production fell 9.8% in 2022 to 775,014 units, according to the latest figures issued by the Society of Motor Manufacturers and Traders (SMMT). This represents the lowest total since the 1950s. December rounded off a volatile year, with output down 17.9% in the month after growth in October and [...] -
Aftermarket facing £600m deficit
- 29/10/2021
- Posted by: Alan Feldberg
- Category: News
New research suggests the slump in car sales could cost the aftermarket up to £600m in service and repair incomes. The SMMT has reported that new car sales are down by 29.3% so far in 2021 compared to 2019, with disruptions to the supply chain and Covid-19 having a devastating impact on the sector. However, the [...]