Auto makers coping with subdued demand in Europe.
U.K. car manufacturing climbed 10.4% year-on-year in June to 131,586 units, pushing first-half production up 1.1% to 764,390. The Society of Motor Manufacturers and Traders says while four out of five cars built in the region are exported, volumes were boosted by a 24.4% jump in first-half output for the home market to 162,754 units. SMMT interim CEO Mike Baunton says the first-half growth builds on a strong 2012, when manufacturing performed above pre-recession ...
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