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UK Car Output Falls To Lowest July Level Since 1950s

  • Writer: By The Financial District
    By The Financial District
  • Aug 26, 2021
  • 1 min read

British car output fell to its lowest July level since 1956 as a global shortage of semi-conductor chips and staff having to self-isolate due to COVID-19 hit the sector, a trade industry body said, Costas Pitas reported for Reuters.

Photo Insert: Figures show the impact of the global semi-conductor chip shortage on the UK car market.

Volumes dropped by an annual 37.6% to 53,438 vehicles last month, according to the Society of Motor Manufacturers and Traders (SMMT), which also blamed the timing of summer factory shutdowns.


As cases rose last month, hundreds of thousands of people were being "pinged" by the National Health Service's contact-tracing app and instructed to self-isolate, although it has since been tweaked to reduce the numbers contacted.


Market & economy: Market economist in suit and tie reading reports and analysing charts in the office located in the financial district.

"While the impact of the ‘pingdemic’ will lessen as self-isolation rules change, the worldwide shortage of semi-conductors shows little sign of abating," said SMMT Chief Executive Mike Hawes.



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