UK automotive manufacturing sector needs further government intervention to ensure post-pandemic recovery, SMMT warns


 

The impact of the Covid-19 pandemic on manufacturing is expected to cut annual light commercial vehicle production volumes by a third to just 920,000 units this year, according to a report by the Society of Motor Manufacturers and Traders (SMMT). The SMMT second Annual Trade Report for 2020, launched today (23 June), reveals that the UK new light commercial vehicle (LCV) market declined by 86.2% in April with just 3,387 LCVs joining UK roads – 21,217 fewer than in the […]