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Feel free to omit the "Brexit" word from my comment and just consider it saying "auto manufacturing lost 50% of the output since 2016", I have zero doubts it wa
by riffraff 3y ago
Feel free to omit the "Brexit" word from my comment and just consider it saying "auto manufacturing lost 50% of the output since 2016", I have zero doubts it was declining before that year too.
- nvm0n2 3y agoMmm, you should have doubts about that. Between 2010 and 2016 car production was growing, not in decline. https://tradingeconomics.com/united-kingdom/car-production https://tradingeconomics.com/united-kingdom/car-production Then it turned around and entered a period of decline until 2021, when it started growing again. The big impacts on UK auto production since 2000 have been the GFC, lockdowns and then the semiconductor supply crisis caused by the lockdowns (in 2021). It may be worth reflecting on why you were so 100% sure about it being in decline before 2016. Where did you get that impression? Probably places like Bloomberg, whose goal is to create ideological converts, not inform.