Is the parts supply crunch easing? Car production up for a third month running - News Summed Up

Is the parts supply crunch easing? Car production up for a third month running


UK car production in July was up 8.6 per cent annually marking a third consecutive month of increased outputs as industry bosses hint it could be a sign of the post-Covid component shortages starting to subside. Is the parts supply shortage that has been crippled the car market easing? UK new vehicle outputs have risen in July - a third consecutive month of increased outputsA global lack of parts such as semiconductors has disrupted car manufacturing since the pandemic. Mike Hawes, SMMT chief executive, said a third consecutive month of growth for UK car production is welcome and 'gives some hope that the supply chain issues blighting the sector may finally be starting to ease'. Exports are still the driving force behind production outputs.


Source: Daily Mail August 25, 2022 14:42 UTC



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