AGL 38.70 Increased By ▲ 0.48 (1.26%)
AIRLINK 128.70 Decreased By ▼ -0.27 (-0.21%)
BOP 8.70 Increased By ▲ 0.85 (10.83%)
CNERGY 4.76 Increased By ▲ 0.10 (2.15%)
DCL 8.70 Increased By ▲ 0.38 (4.57%)
DFML 38.65 Decreased By ▼ -0.29 (-0.74%)
DGKC 84.52 Increased By ▲ 2.58 (3.15%)
FCCL 34.25 Increased By ▲ 0.83 (2.48%)
FFBL 74.94 Decreased By ▼ -0.77 (-1.02%)
FFL 12.80 Decreased By ▼ -0.02 (-0.16%)
HUBC 110.56 Increased By ▲ 0.20 (0.18%)
HUMNL 14.24 Increased By ▲ 0.23 (1.64%)
KEL 5.37 Increased By ▲ 0.22 (4.27%)
KOSM 7.79 Increased By ▲ 0.12 (1.56%)
MLCF 40.95 Increased By ▲ 1.15 (2.89%)
NBP 71.88 Decreased By ▼ -0.44 (-0.61%)
OGDC 190.50 Increased By ▲ 2.21 (1.17%)
PAEL 25.65 Increased By ▲ 0.02 (0.08%)
PIBTL 7.47 Increased By ▲ 0.10 (1.36%)
PPL 156.10 Increased By ▲ 3.43 (2.25%)
PRL 25.89 Increased By ▲ 0.50 (1.97%)
PTC 18.90 Increased By ▲ 1.20 (6.78%)
SEARL 83.07 Increased By ▲ 0.65 (0.79%)
TELE 7.82 Increased By ▲ 0.23 (3.03%)
TOMCL 33.09 Increased By ▲ 0.52 (1.6%)
TPLP 8.40 Decreased By ▼ -0.02 (-0.24%)
TREET 16.81 Increased By ▲ 0.03 (0.18%)
TRG 56.47 Increased By ▲ 0.43 (0.77%)
UNITY 28.81 Increased By ▲ 0.03 (0.1%)
WTL 1.35 No Change ▼ 0.00 (0%)
BR100 10,727 Increased By 68.9 (0.65%)
BR30 31,737 Increased By 405.6 (1.29%)
KSE100 99,878 Increased By 608.6 (0.61%)
KSE30 31,174 Increased By 141.6 (0.46%)

British car output almost halved in April as factories imposed shutdowns in the face of Brexit uncertainty and other sector-wide headwinds, industry data showed Thursday. The nation's car production nosedived 44.5 percent from the same month last year to 70,971 vehicles, according to the Society of Motor Manufacturers and Traders (SMMT).
April was the eleventh successive monthly decline amid softening demand for cars in major international markets, in particular for high-polluting diesel vehicles in Europe. Carmakers also idled their factories to avoid any possible disruption in supplies if Britain had indeed left the European Union, although the April Brexit deadline has now slipped to October.
The SMMT described the performance as "dismal" and added that the shutdowns were just part of the sector's ongoing Brexit contingency plans. Britain is now due to leave the European Union on October 31 after two delays this year triggered by MPs rejecting the divorce deal British Prime Minister Theresa May had struck with the bloc.

Copyright Agence France-Presse, 2019

Comments

Comments are closed.