Car makers in Britain have recorded a 15% export drop in July, the 14th month of decline, mainly due to weaker EU and Asian markets. The SMMT said the drop in diesel demand across Europe coupled with a slowdown in Chinese orders mainly accounted for the decline of 11% overall after home demand went up 10%. Uk plants assembled 108,239 cars but now there … [Read more...]
UK car production falls and snow chills output
Car production declined in March, falling 13.3% year on year, according to the Society of Motor Manufacturers and Traders. It reports 147,471 cars were built in British factories as the domestic market continued to slow, with demand falling 17.7%. Exports also went down 11.9% due to fluctuations in demand in some global markets. In addition, some … [Read more...]
