SMMT warns car output will fall by 18% in 2020 as result of Covid-19 closing all major UK plants
British car production will slump to its lowest level since the financial crisis this year, the industry has warned, after the coronavirus pandemic forced the closure of every large factory in the UK.
Passenger car output will fall by 18% to only 1.1m in 2020, down from 1.3m last year, according to forecasts for the Society of Motor Manufacturers and Traders (SMMT) carried out by AutoAnalysis. It would be the lowest number since the depths of the financial crisis in 2009, when 999,460 cars were made in the UK.
Continue reading...from The Guardian https://ift.tt/2WMJzfG
No comments:
Post a Comment
Thanks For Comment We will Contact You With In 24 Hours