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Six consecutive months of growth for UK car production

SMMT

The European Union received by far the largest proportion of exports (59.9%) followed by the US (14.8%), China (7.1%), Australia (3.3%) and Turkey (2.3%). Volumes to all these markets apart from Turkey (-20.3%) rose, led by the US up 95.6%. To date in 2024, UK car production is up 17.8% Volumes for export, meanwhile, rose 4.6%

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UK vehicle markets back on track

SMMT

Overall new car registrations are anticipated to reach 1.886 million by the end of the year, a rise of 2.1% on July’s expectations, which is undoubtedly good news, and the 2024 market expected to rise a further 1%. It is concerning, therefore, that the outlook for BEV uptake has been downgraded slightly, by -1.7%

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Manufacturing PMI® at 50.3%; March 2024 Manufacturing ISM® Report On Business®

Fastener News Desk

Suppliers are working with us to help drive costs down, which will help improve the margin for the rest of the year and deliver growth in 2025.” ” [Paper Products] “The potential aftermaths of the presidential election are beginning to impact conversations and negotiations of long-term agreements/contracts.”

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IN THE NEWS with Fastener News Desk the Week of June 19, 2023

Fastener News Desk

Watch now on FastenerTV at YouTube: (10:23) Fastener Industry Acquisition News: B&F Fastener Supply, a leader in the industrial and construction supply industry, has acquired respected, long-time competitor, Northern States Supply , to create a regional powerhouse distributor of both industrial and construction supplies in the Midwest region.

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Labour will take difficult choices on home-building, shadow housing secretary says

E&T

It might be politically easier to put a sticking plaster on our deep-seated problems, but if it is cowardice that got us here, it is never going to get us out. “So A sensible, strategic approach that ends a decade of potholing on the high-quality green belt and helps us tackle the housing crisis.”

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It’s time for responsible social media

E&T

The US has lagged the UK and the EU on online regulation. What the US does matters regardless, because it is home to most leading social media platforms and thus seen as best placed to influence the culture that underpins much of Big Tech – an often libertarian ideology, the emphasis on disruption, and its profits-first mindset.