UK Car Output Falls Sharply in October, JLR Recovery Underway
The UK car industry experienced a sharp decline in production last month, with output dropping by 23.8% in October compared to the same period last year, according to figures released by the Society of Motor Manufacturers and Traders (SMMT). This significant dip is largely attributed to the aftermath of a cyber incident at Jaguar Land Rover (JLR), which led to a temporary halt in production.Key TakeawaysThe UK car output fell by 23.8% in October, reflecting post-cyber attack recovery efforts at JLR.Battery electric and hybrid vehicles made up nearly half of all cars produced, showing a growing shift towards cleaner technology.Government measures announced aim to boost competitiveness and support the industry's long-term goals.The latest figures paint a sobering picture for UK car manufactu...