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By Automotive Logistics2012-07-04T00:00:00+01:00
UK vehicle production and exports are rising from pandemic lows, but the sector facing serious challenges in supply chain bottlenecks and labour shortages because of the need to self-isolate.
GXO Logistics has debuted on the New York Stock Exchange, with around 5% of the contract logistics market in North America and Europe. It has its eyes set on warehouse automation growth, with automotive as a potential growth area.
Honda has closed its Swindon, UK plant, as it ends European production. The carmaker is focusing electric vehicle investment and scale in Asia, and is a sign of how electrification could reshape manufacturing footprints.
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