Automotive industry is also being hit by EU diesel vehicle rules and Brexit uncertainty

British car production declined for the eighth month in a row in January as output bound for China plunged by more than 70%.

The car industry is struggling with multiple headwinds, including falling demand in China, a regulatory backlash against diesel vehicles in Europe and continued uncertainty over Brexit, which has put the brakes on investment in the UK.

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Read More UK car production falls for eighth month in row as China exports dive

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