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Luxury Jaguar XK and F-type automobiles, produced by Jaguar Land Rover Plc, a unit of Tata Motors Ltd., travel along the production line at the company’s assembly plant in Castle Bromwich, U.K.
Simon Dawson | Bloomberg | Getty Images
LONDON — U.K. car production plummeted to a new low last month, marking the worst July performance for the industry since 1956, according to a trade group.
The Society of Motor Manufacturers and Traders said Thursday that U.K. manufacturers built just 53,438 vehicles in July, marking a 37.6% drop on July 2020.
A global semiconductor shortage, factory shutdowns and worker absences amid the ongoing coronavirus pandemic all contributed to the decline, SMMT…
Source cnbc.com
