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UK Makes Fewest Cars in 66 Years Amid Chip Crunch, Site Closures

  • Production plunged 9.8% to around 775,000 vehicles last year
  • SMMT sees rebound in 2023 as supply chain issues wane
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Automakers had their worst year in the UK in more than six decades after the global semiconductor shortage and the closing of key factories hammered output.

Production fell 9.8% to around 775,000 cars in 2022, the fewest since 1956 and well below pre-pandemic levels, the Society of Motor Manufacturers and Traders said Thursday.