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As the UK car industry navigates these challenges, there are two potential paths forward that have been discussed.
One option is diversifying into new areas, such as electric and autonomous vehicles, to stay competitive in the global market. This would require significant investment in research and development, as well as new skills development for the workforce.
Another option is attracting Chinese investment, as Chinese companies have been expanding their presence in the global automotive industry. However, this raises questions about the potential impact on jobs, technology transfer, and national security.
Whatever path is chosen, it is clear that the UK car industry will need to adapt and innovate to thrive in the face of these challenges.