Dearth of Chips Drives UK Car Production to Lowest Since 1956

Dearth of Chips Drives UK Car Production to Lowest Since 1956
New cars are parked at a dockyard in Grimsby, northern England, on Jan 30, 2009. Nigel Roddis/Reuters
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LONDON—British car production last year fell to its lowest since 1956, largely due to a global shortage of semiconductor chips that caused automakers to slow or shutter plants while waiting for parts, an industry group said on Thursday.

The Society of Motor Manufacturers and Traders (SMMT) said production fell 6.7 percent from 2020 to 859,575 vehicles and was 34 percent below the pre-pandemic year 2019.