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Britain’s car and van market is expected to boost the economy by £14bn next year as supply chain shortages ease.

The Society of Motor Manufacturers and Traders say that manufacturers are expecting production lines to produce 984,000 vehicles, pointing to a 15% rise (worth £3.9bn). Chief executive Mike Hawes said, ‘”in the most testing of times, growth finally beckons for the UK automotive industry”. He added that “as recession looms, that’s growth that should be nurtured”.

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