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Carmakers hit pothole as sales dip in big markets

British car production has suffered a setback as the collapse in sales to the big overseas markets of China and Russia adds to a sluggish European export outlook. The latest output statistics showing a near-4% year-on-year fall in UK car manufacturing last month throw into doubt claims that all-time annual production records will be hit in 2017. In the first four months of this year, 530,505 vehicles rolled out of British car factories. That compares with 538,240 in the same period a year ago, when a 21% monthly rise in output had the industry talking of a boom. However cars leaving British factories for domestic forecourts are up by a fifth year-on-year, and around one in four cars built in Britain are now being delivered to the home market.

 

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