The sports carmaker Lotus has unveiled plans to increase its output more than tenfold, in a boost to the UK’s post-Brexit automotive sector that will lead to new electric models being built in Norfolk. Lotus, majority-owned by China’s Geely since 2017, said it would ramp up production at sites including its Hethel plant, near Norwich,… Continue reading Sports carmaker Lotus to ramp up production more than tenfold
Tag: Brexit
Car industry lobbied UK government to delay ban on petrol and diesel cars
Britain’s biggest car manufacturers lobbied the government to delay a ban on petrol and diesel cars by warning that sales would plunge and jobs would be at risk from accelerating the transition to electric vehicles, the Guardian can reveal. The government announced in November that it would move forward a ban on the sale of… Continue reading Car industry lobbied UK government to delay ban on petrol and diesel cars
Inside the industry: Pre-registering EVs helps manufacturers avoid emissions fines
Pre-registration is the car industry’s dirty little secret or the customer’s best friend, depending on your perspective. It relates to cars that have never been owned or driven by a member of the public but been registered to a dealer, broker or leasing firm and thus – on paper, at least – found a first… Continue reading Inside the industry: Pre-registering EVs helps manufacturers avoid emissions fines
UK car industry reports worst February sales since 1959
The car industry has had its worst February for sales since 1959 as dealerships across the UK remained closed through national lockdowns. British consumers bought only 51,300 cars in the month, a 35.5% year-on-year decline, according to the Society of Motor Manufacturers and Traders (SMMT). The lobby group also cut its new car sales forecast… Continue reading UK car industry reports worst February sales since 1959
Stellantis waiting for UK support on Vauxhall plant – Automotive News Europe
March 03, 2021 11:59 AM Ellesmere Port factory could focus on electric cars Reuters PARIS — Any investment by Stellantis in its Vauxhall plant in Ellesmere Port, England, is dependent on support from the British government, CEO Carlos Tavares said in an interview with a French newspaper. Tavares said the automaker was now looking at… Continue reading Stellantis waiting for UK support on Vauxhall plant – Automotive News Europe
FT 1000: the fifth annual list of Europe’s fastest-growing companies
Europe’s high-growth companies are facing another year of slower progress as the pandemic continues to constrain business activity. Delayed recoveries in demand across the continent’s economies, along with the headwinds wrought by Brexit, complicate the battle to survive this challenging period. Half of all European companies have reported a revenue or profit decline in the past… Continue reading FT 1000: the fifth annual list of Europe’s fastest-growing companies
Old-school Stellantis car factories gear up for the shock of electric
Carlos Tavares is an unashamed petrolhead, with a rally-racing hobby that harks back to an earlier automotive age. Yet carmakers like Stellantis, which he leads, and its rivals have had to set aside affection for roaring internal combustion engines as environmental rules set the limits for the industry. Stellantis was formed in January in a… Continue reading Old-school Stellantis car factories gear up for the shock of electric
UK commercial vehicle manufacturing down -31.5% in January
26 February 2021 #UK Manufacturing UK commercial vehicle production starts the year down -31.5% to 5,616 units. Output falls for both domestic and overseas markets, declining -28.8% and -33.6% respectively. Industry calls for supportive measures in upcoming Budget to help restore market confidence and encourage fleet renewal. UK production of commercial vehicles (CVs) declined -31.5%… Continue reading UK commercial vehicle manufacturing down -31.5% in January
January UK car production falls -27.3% as industry calls for measures to support competitiveness
Weakest January since 2009 as UK car manufacturing output declines -27.3% to 86,052 units – the 17th consecutive monthly decline. Better news for alternatively fuelled vehicles with 21,792 cars made, up 18.9%. Having lost car production worth £11.3bn to pandemic, sector urges Chancellor to introduce measures to enhance auto manufacturing competitiveness. UK car production fell… Continue reading January UK car production falls -27.3% as industry calls for measures to support competitiveness
Peterborough firm to invest £4m in battery research hub to power UK car industry – Peterborough Telegraph
Paul Bristow and Ranjl Jayawardena, Minister for international trade visiting Photocentric at Peterborough. EMN-200917-145335009 “We have been awarded three different grants to verify the application of our technology in the manufacture of 3D printed batteries and we are working with key industry partners to make this a reality. He added: “Our Government has identified the… Continue reading Peterborough firm to invest £4m in battery research hub to power UK car industry – Peterborough Telegraph