SALES OF CARS AND LIGHT COMMERCIAL VEHICLES IN SEPTEMBER 2022

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IG Metall survey: turning point in the statutory pension

Frankfurt am Main/Berlin – a turning point in pension policy: With the rising cost of living, employees are also becoming more worried about their old-age security. Citizens are particularly skeptical about extra private provision and speculative, risky forms of investment. This is the result of a current and representative Kantar survey, which IG Metall presented… Continue reading IG Metall survey: turning point in the statutory pension

September plate change sees first growth for British van market in 2022

The UK’s light commercial vehicle (LCV) market rises 10.8% in September, marking the first month of growth in 2022. Delivery of medium and large vans drives uplift, while battery electric vehicle (BEV) uptake continues to rise, up 70.0%, representing 4.4% of the market. Long-term measures that shore up operator confidence amid wider economic uncertainty are… Continue reading September plate change sees first growth for British van market in 2022

New car market up as plate change September marks one million EV milestone

225,269 units registered in key ‘new plate’ month – up 4.6% on last September, but -34.4% behind 2019. Bumper month for plug-in registrations sees Britain’s millionth plug-in electric car registered, with 249,575 joining roads in 2022 alone. Industry calls for action to shore up consumer confidence as market enters final quarter. SEE CAR REGISTRATIONS BY… Continue reading New car market up as plate change September marks one million EV milestone

Necessary measures against permanent loss of prosperity

Jörg Hofmann, First Chairman of IG Metall, said on the federal government’s announcement of a gas price brake: “The resolution on an electricity and gas price cap is to be welcomed and has long been demanded by IG Metall. It is the most sensible measure to relieve households and companies in terms of energy prices… Continue reading Necessary measures against permanent loss of prosperity

Germany must become a further education republic

Jörg Hofmann, First Chairman of IG Metall: “Germany must become a further education republic – who would not agree to that? The fact is: there is a big gap between general knowledge and concrete action. The transformation is changing work content and job descriptions for millions of employees. If we don’t want to complain about… Continue reading Germany must become a further education republic

British CV output nearly doubles in best August for a decade

UK commercial vehicle (CV) production rises 92.9% to 6,132 units, marking the best August since 2012 and the eighth consecutive month of growth. Overseas demand increases 78.4%, while production for UK operators more than doubles year-on-year, rising 119.3%. Year-to-date CV output is up 50.3% at 64,828 units in the best year-to-date since 2012. UK commercial… Continue reading British CV output nearly doubles in best August for a decade

British car output up but record input costs threaten recovery

UK car production rises 34.0% in August to 49,901 units after dismal 2021, but volumes still -45.9% down on pre-pandemic levels. Fourth consecutive month of growth fails to offset sustained losses from global supply shortages, with YTD output more than half a million units behind average pre-Covid volumes. Sector welcomes business energy price cap, with… Continue reading British car output up but record input costs threaten recovery