With the introduction of GST, the country adopted a pan India technology platform, which could aid the adoption of sophisticated automation tools and simplify GST reporting and related compliances. ‘One nation, One market, One tax’ – the driving motto behind the introduction of GST, with effect from 01 July 2017, has brought 1.3mn taxpayers into… Continue reading 5 years of GST: A mix of success and work in progress
Tag: Brexit
UK car industry calls for government help on energy bills as Brexit costs rise
UK car industry calls for government help on energy bills as Brexit costs rise Manufacturers hit by energy cost rises of up to 50% as well as Covid lockdowns and chip shortages Energy price increases will cost the UK car industry £90m this year, according to the SMMT. Photograph: Oli Scarff/AFP/Getty Images Energy price increases… Continue reading UK car industry calls for government help on energy bills as Brexit costs rise
Chain reaction: companies are ALREADY placing their Christmas 2022 orders
It might seem early, but it really will be Christmas in July for many firms this year as they stock up in advance to beat supply chain delays. Summer is in full swing, and with Christmas Eve a full six months away, the festive season is still at the back of most shoppers’ minds. But… Continue reading Chain reaction: companies are ALREADY placing their Christmas 2022 orders
Play hard on Brexit and we all lose, warns BMW boss Harald Krüger – The Times
A wry smile flits across Harald Krüger’s face. The chairman of BMW picks his words carefully. Will the car maker shift production from the UK if Brexit penalises trade between Britain and Germany? “BMW is flexible,” comes the loaded reply. “What I would like to see is a pragmatic solution that ensures business is competitive… Continue reading Play hard on Brexit and we all lose, warns BMW boss Harald Krüger – The Times
Audio Interview: UK Supply Chain Challenges: Post-Brexit Update
Oliver Bridge leads Grant Thornton’s global automotive team, and is Head of Operational Consulting, Business Consulting, Grant Thornton UK. He has over 20 years of advisory and industry experience. For the past twelve years he has worked on complex international advisory assignments, including transactions, supply chain optimisation and operational cost reduction. Oliver has over 20… Continue reading Audio Interview: UK Supply Chain Challenges: Post-Brexit Update
Global pressures hold back April car production
UK car production falls -11.3% in April with 60,554 units leaving factory gates. Decline driven by multiple factors, including chip shortage, model and structural changes. Sector calls for renewed policy focus on industrial and market competitiveness. UK car production fell -11.3% in April with 60,554 units rolling off factory lines, according to the latest figures… Continue reading Global pressures hold back April car production
Top 100 Interview: Joshua Simpson, BMW Manufacturing
The Manufacturer Top 100 2021 alumni Joshua Simpson knew he wanted to be an engineer since the age of six. After falling in love with his work experience time at MINI Plant Oxford and completing A Levels, he was lucky enough to be offered an Engineering Technician degree apprenticeship. Taking inspiration from engineers in his… Continue reading Top 100 Interview: Joshua Simpson, BMW Manufacturing
Supply chain shortages squeeze January car output but EV surge brightens outlook
UK car production falls -20.1% in worst January since 2009 with 68,790 units leaving factory gates. Production for overseas and domestic markets down -17.5% and -30.8% respectively. Battery electric vehicle production up a third, with one in 11 cars rolling off factory lines zero emission. UK car production fell -20.1% to 68,790 units last month,… Continue reading Supply chain shortages squeeze January car output but EV surge brightens outlook
Ineos Automotive trials Grenadier production at Hambach plant – AutoExpress
Early-phase production has commenced for the Ineos Grenadier, the rugged 4×4 designed to fill the void left by the original Land Rover Defender when it was replaced in 2020. Ineos is now in the ‘production try out’ stage at its plant in Hambach, France, where it is building batches of prototype vehicles to finalise factory… Continue reading Ineos Automotive trials Grenadier production at Hambach plant – AutoExpress
Used car stock availability is ‘biggest concern’ for dealers
Used car stock availability and vehicle prices continue to be top challenges cited by car dealers for 2022. New research from WMS Group found that 85% of dealers are concerned over the availability of used car stock and 71% over high pricing. The research is captured in WMS’ new ‘From the Forecourt’ mini-report ‘Adapting to… Continue reading Used car stock availability is ‘biggest concern’ for dealers