UK car output fell y/y in August, snapping a six-month growth streak | Forexlive

UK car output slipped in
August from a year earlier, snapping a six-month growth streak

• -9.7% y/y in August according to data from the Society of Motor Manufacturers and Traders (SMMT)

The lower result is attributed to manufacturers pausing production to prepare for a shift
towards next-generation electric vehicles (EV).

Info via Reuters.