Car Industry Booming as Others Suffer

The video discusses the growth of Stevens Gaskets, driven by overseas sales, particularly to China and the US. It highlights MG's strategy to establish itself in the UK market before expanding to Europe. The UK auto industry is creating jobs, with companies like Jaguar Land Rover, Nissan, and Toyota expanding their workforce. However, Vauxhall faces potential closure. The depreciation of sterling boosts UK exports, but the eurozone's economic issues pose risks. The industry is looking to markets in China, India, Brazil, and Russia for growth.

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