![]() YouTube is gearing up to launch a standalone website for children which will be a subsidiary to its existing kids app. READ MORE: UK car industry in longest period of decline since 2001 YouTube expands kids offering to web In Britain alone about 168,000 people are directly employed in car manufacturing, while another 823,000 are employed in the wider automotive industry, according to the SMMTĪdditionally, the car industry accounts for about 14.4% of all UK goods exports. ![]() Sky News reports that the decline has been linked to a drop in export orders with overseas shipments fading by 20.2% since January, while production for the UK this year is also down by 13.5%. ![]() But the last time the UK saw such an extended slump was back between June 2000 to July 2001.Īccording to the figures from the SMMT, 774,760 cars have been made in Britain this year which is down 18.9% from 2018. ![]() This marks the 14 consecutive months of declines, leapfrogging the 13 month stretch of falling sales recorded during the financial crisis, between October 2008 to October 2009. The UK’s car industry has experienced its longest period of decline since 2001, with the lacklustre stretch attributed to trade tensions and Brexit uncertainty.Ĭar production in Britain was down 10.6% year on year, according to new figures from the Society of Motor Manufactures and Traders (SMMT). UK car industry experiences longest stretch of decline since 2001
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