"But, the clear and present danger remains the threat of a 'no deal' Brexit, which is monopolising time and resources, undermining competitiveness," he said. UK car manufacturing has been dealt another blow, as the Society of Motor Manufacturers and Traders (SMMT) revealed overall production in January dropped 18.2%, the eighth consecutive monthly fall. The SMMT said that while sales were up by 1.1% year-on-year, they fell short of expectations for a rise to 2%. SMMT CEO Mike Hawes cited falling demand in key markets – notably China – and global trade tensions, but said the "clear and present danger" remained Brexit.
UK car manufacturing has been dealt another blow, as the Society of Motor Manufacturers and Traders (SMMT) revealed overall production in January dropped 18.2%, the eighth consecutive monthly fall. The SMMT said that while sales were up by 1.1% year-on-year, they fell short of expectations for a rise to 2%. SMMT CEO Mike Hawes cited falling demand in key markets – notably China – and global trade tensions, but said the "clear and present danger" remained Brexit.