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A new Prime Minister and government enter parliament this week and we look forward to working with both to ensure the UK automotive sector remains globally competitive. To maintain this growth, we need action to drive investment into electrified vehicle production and, critically, the supplychain. billion to £7.9
For example, the US and Japanese machine tool industries have seen varying levels of demand, which can impact the global supplychain and market dynamics. The market for CNC (Computer Numerical Control) machines is expanding rapidly, driven by the automotive and aerospace sectors.
British CV productionrecords best Q1 since 2008, rising by 27.4% to 5,084 units against the same month last year, with 732 fewer units made, while production for the UK fell -28.8% to 32,626 units. Export volumes grow 57.9% in first three months, while manufacturing for the UK declines -13.1%. March decline to 7,943 units.
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