UK car production falls at fastest rate in more than two​-​and​-​a​-​half years

SMMT says slowdown in manufacturing echoes 20% drop in new car sales, but overall outlook is positive

British car manufacturing went into reverse in April, with production falling at the fastest rate in more than two and a half years.

A total of 122,116 cars rolled off UK production lines last month, 18% fewer than in April 2016, according to the Society of Motor Manufacturers and Traders (SMMT).

Related: Aston Martin speeds back into profit as DB11 revs up sales

Continue reading…

Read full original article »