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Transcripts For BBCNEWS World Business Report 20240710

Bezos. Let s get down to business and we are going to focus on the global car market. It is seeing a surge in new car sales after the disaster of 2020. But with ongoing issues surrounding a computer chip shortage, there is potential to derail the recovery with the auto industry forecast to be the biggest loser in 2021. Without to $20 billion wiped off global carmakers operating profits this year, that s a prediction coming from goldman sachs. If we look at new registration figures for the uk, they are going to be released in a few hours time from the mmt, they are expected to show that junior registrations will up by approximately 27% compared to the same month last year smmt. But year to date uptake is up about 26% with consumer confidence yet to fully recover. So how will it hit future sales? let s talk this through withjim, editorial through with jim, editorial director at through withjim, editorial director at what car and auto car. Nice to talk to you. Comparing anything to this

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