UK car production +13.1% in February – supply chain pressure eased

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Society of Motor Manufacturers and Traders (SMMT) data conveyed via Reuters:

• February car output +13.1%
• first monthly increase in three
• boosted by easing of supply-chain snags and robust output in both domestic
  and overseas markets
• about 81% of the total produced cars were
  exported, mainly to the European Union