Car sales projected to rise 2.3% in 2014.
The U.K.’s £55 billion ($90 billion) automotive sector has had a year it can be proud of, the Society of Motor Manufacturers and Traders says. While the national economy experienced an economic double-dip, automotive flew the flag for the U.K., SMMT CEO Paul Everitt says, becoming the European Union’s second-largest new-car market and producing nearly 10% more vehicles than it did in 2011. “The U.K. has outperformed our European partners during 2012, with ...
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