11
Feb
13:55
UK car output declines further, 2022 improvement foreseen
UK car production fell 6.7% on-year to 859,575 units due to multiple factors, most Covid-19-related, says the Society of Motor Manufacturers and Traders (SMMT). However, electric vehicle output surged, while improvement is forecast for 2022 thanks to a potential £4.9 billion ($6.6 billion) of investment and recovery in production.
The shortage of semiconductors was the principal cause of the output decline, with factories having to reduce or even p…
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Anonymous
Very good overview of the weekly steel market.
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