Tag: Society of Motor Manufacturers and Traders
UK car production slumps, while EV manufacturing surges in 2022
The latest result rounds off a volatile year for UK car production, with output down by 17.9 per cent in the month after growth in October and November, with most of the year’s volume loss occurring in the first half.
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What spending reveals about downstream consumer demand for manufactured goods
For manufacturers supplying consumer-facing markets, understanding demand conditions has become increasingly important in an environment shaped by cautious spending, rising costs and intense competition.
