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Trade association suggests output could fall in 2019 if no deal is secured
Thursday 03 Aug 2017 Author: Lisa-Marie Janes

UK car manufacturing volumes declined 13.7% in June, according to the Society of Motor Manufacturers and Traders (SMMT).

SMMT chief executive Mike Hawes warned that uncertainty from the UK’s decision to leave the European Union is ‘not helping investment and stalling growth.’

The analysis also suggests if the UK fails to secure a deal or interim agreement to maintain current trading conditions, output could fall more heavily in 2019.

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