Automakers

UK automakers cut investments amid high energy costs

Nissan UK
An employee works on the production line at the Nissan factory in Sunderland, England. (Reuters)
B
By:
Bloomberg
September 29, 2022 09:15 AM

UK automakers have seen energy costs jump by about £100 million ($109 million) this year, or 50 percent, fueling concerns among a majority of manufacturers over the future of their operations, a survey by the Society of Motor Manufacturers and Traders found.

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