Milestone Reached: UK New Car Sales Hit 1 Million, German Factory Orders Decline

Thursday, 4 July 2024, 06:58
The UK celebrates reaching a significant milestone with 1 million new car sales in the first half of the year, marking a positive 5% year-on-year increase in June. However, the economic landscape shifts as German factory orders experience an unexpected decline. This business live coverage delves into the contrasting trends in the automotive and manufacturing sectors, highlighting key developments and potential impacts on the global economy.

Milestone Achieved

The UK marks a historic achievement with 1 million new car sales in the first half of the year, showcasing a robust market performance in June.

Unexpected Decline

German factory orders take an unexpected hit, signaling a shift in the manufacturing sector that could have ripple effects on the economy.

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