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Based on data from the Society of Motor Manufacturers and Traders (SMMT), this could be the result of different factors that are currently affecting the automotive industry, including rising inflation and cost of raw materials. Dominic Tribe is a partner and automotive sector specialist at management consultancy Vendigital.
Other notable trends include the growth in industrial automation, particularly in the automotive sector, which continues to be a major consumer of machine tools, including CNC machines and advanced automation solutions. We focus on smart agilemanufacturing and deliver value-driven customer experiences.
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