2023-01-26 00:01:00

UK Makes Fewest Cars in 66 Years Amid Chip Crunch, Site Closures

Logo Bloomberg
Bloomberg
By Siddharth Vikram Philip

Automakers had their worst year in the UK in more than six decades after the global semiconductor shortage and the closing of key factories hammered output.

Production fell 9.8% to around 775,000 cars in 2022, the fewest since 1956 and well below pre-pandemic levels, the Society of Motor Manufacturers and Traders said Thursday.

Continue read on bloomberg.com

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