uk car production falls for first time in 14 months
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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UK Car Production Falls For First Time in 14 Months

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Arab Today, arab today UK Car Production Falls For First Time in 14 Months

Car production fell for the first time in 14 months in October
London - QNA

Car production fell for the first time in 14 months in October because of a drop in domestic demand, according to industry figures released on Thursday. 
The Society of Motor Manufacturers and Traders (SMMT) said 151,795 vehicles were produced - down 1% on October 2015. 
It put the reduction down to past manufacturing for the UK market being unsustainable, adding that a fall had been expected for that reason and it was unlikely to reflect fears of a slowdown in the economy following the Brexit vote. 
The SMMT said it remained at its highest level since 2005. 
The industry body and manufacturers have been more concerned with the potential effects of the referendum on the crucial export market. 
The body said exports rose for the 15th month in a row last month, with 122,765 cars built for sale overseas.

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