Car production sinks to lowest level since 1950s
A total of 775,014 cars were built in 2022, a drop of almost 10% on the previous year UK car production fell to its lowest level since 1956 last year as output was hit by global shortages of semiconductor chips, new figures show. A total of 775,014 cars were built in 2022, down 9.8% from the 859,575 made during the previous year, the Society of Motor Manufacturers and Traders (SMMT) said. December rounded off […]