Rolling coverage of the latest economic and financial news
Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business. UK car sales have dropped as the sector struggles with supply chain problems and staff shortages, and the pandemic weighs on the economy. The latest industry data, being released this morning, is expected to show new car registrations in August fell by around 22% compared with a year ago, as the global shortage of semiconductor chips continues to hit output.
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