UK car industry seeks support, free-trade Brexit deal, as output falls - News Daily

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Wednesday, February 26, 2020

UK car industry seeks support, free-trade Brexit deal, as output falls

LONDON (Reuters) - Britain's car industry called on the government to help boost the market in its upcoming budget and secure a free-trade deal with Europe as output fell again in January, hit by a double-digit slump in domestic demand. British factories produced 118,314 cars last month, down an annual 2.1%, as an increase in exports failed to outweigh a 23.9% fall in domestic demand, according to data from the Society of Motor Manufacturers and Traders (SMMT). The trade body called on the government for help in the March 11 budget

The post UK car industry seeks support, free-trade Brexit deal, as output falls appeared first on Firstpost.



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