UK Car production slumps in July
EV Info
AUGUST 26, 2021
The SMMT reports that new car production in the UK slid by 37% in July to a new low of just 53,438 vehicles. The July production for the UK market declined -38.7% Petrol and Diesel combined take 52%. Up to $20 billion could be wiped off global carmakers’ operating profits in 2021 because of the chip shortage, Goldman Sachs said.
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