UK auto investment drops almost 50% as Brexit chills spending

Output at Nissan's Sunderland plant, the UK's largest car factory, fell by 11 percent last year.

By:

Irene Garcia Perez

By:

Bloomberg

January 31, 2019 09:01 AM

LONDON -- The British automotive industry saw investment plunge last year as automakers delayed decisions on upgrading machinery and factories amid mounting concern about the impact of a hard Brexit.

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