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UK car production fell to 76-year low for May as US tariffs hit exports

Source: BBC

Tom EspinerBusiness reporter, BBC NewsReutersUK car production sank to its lowest level for May since 1949 as US tariffs hit exports, an industry group has said.Production fell by nearly a third from a year earlier to 49,810 units, according to the Society of Motor Manufacturers and Traders (SMMT), which - excluding the 2020 Covid pandemic lockdowns - was the lowest figure for 76 years.Exports to the US halved as…

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