Stockpiled autos may stay parked as U.K. lockdown continues through April — Panjiva
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Stockpiled autos may stay parked as U.K. lockdown continues through April

Cons. Discr. - Autos 1251 Coronavirus 511 European Union 882 Japan 631 South Korea 605 United Kingdom 391

The U.K. government’s plans to remove the current pandemic lockdown will delay the reopening of non-essential retail until no earlier than April 12. That’s led the Society of Motor Manufacturers and Traders to note that may worsen the “continuing decline in retail business” for the automotive industry and which “will translate into reduced production volumes as well as giving rise to other operational issues”. The autos industry is already facing disruptions from a shortage of semiconductors and global logistics congestion. The U.K. automotive secto...

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