UK Car Factories Gear Up for Electric Shift

Barchart · 09/27 14:14
Car production fell last month, continuing a trend seen across the year, new figures show. The number of cars built in UK factories was 8.4 per cent lower in August compared to the same month last year. The Society of Motor Manufacturers and Traders (SMMT) said 41,271 new cars left production lines, 3,781 fewer than last August. The trade body said the decline continues this year’s trend as factories wind down production of key models and prepare for new, mainly electric models. Battery electric, plug-in hybrid and hybrid production for the…