‘Worst October since 1956’: Global COVID woes apply brakes to UK car production

worst october since 1956 global covid woes apply brakes to uk car production

Sumary of ‘Worst October since 1956’: Global COVID woes apply brakes to UK car production:

  • Image: The closure of Honda’s Swindon plant in the summer has added to the lower volumes The lack of chips – a result of COVID-19 disruption that has left supply lagging high demand – has hampered sectors across the factory economy from gaming console producers to defence.
  • It has also damaged the transition towards the electric car future – demanded by this country’s government ahead of the looming ban on the sale of new vehicles powered by petrol and diesel engines from 2030. The production problems have helped power too the country’s intensifying inflation rate.

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