Engine production flat in October and year-to-date.
U.K. auto manufacturing regained strength in October on the back of rising exports. Output rose 6.4% to 148,927 units as exports increased 4.5% to 123,555, the Society of Motor Manufacturers and Traders says. After 10 months, manufacturing was up 8.5% to 1,314,518 units, with exports rising 8.0% to 1,060,294 for 80.7% of production. SMMT CEO Paul Everitt says several factors could affect manufacturing momentum in the U.K. “Sustained, high-value investment in (research and ...
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