SMMT - Vehicle production dips amid EV transformation and intense market pressure
- Written by PR Newswire
- British vehicle production slips -11.8% to 905,233 units in 2024, with cars down to 779,584, as industry continues transformation to EV production.
- 4.0% growth in commercial vehicle production fails to offset -13.9% decline in car output.
- Potential to surpass one million cars and light vans in 2028 if markets improve and model launches stay on...
