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
Tag: Brexit
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
Future of Vauxhall’s Ellesmere Port factory hangs in balance
The owner of Vauxhall has claimed it is considering the closure of its Ellesmere Port factory unless the UK government offers financial support after extended negotiations. An executive of Stellantis, the carmaker, on Thursday said it hoped to reach a binding agreement with the government on aid. Michael Lohscheller, the head of Stellantis’s Opel and… Continue reading Future of Vauxhall’s Ellesmere Port factory hangs in balance
UK-Japan trade deal settled nerves for Japanese firms: Honda exec
Britain and Japan formally signed a trade agreement in October, marking Britain’s first big post-Brexit deal on trade. LONDON: Britain’s trade deal with Japan settled the nerves of a lot of Japanese businesses in the United Kingdom and gives them confidence about their future prospects there, a senior Honda executive said on Tuesday. Japan, the… Continue reading UK-Japan trade deal settled nerves for Japanese firms: Honda exec
Nissan plans more UK investment as it rolls out green tech
By Reuters Staff 2 Min Read Slideshow ( 3 images ) PARIS (Reuters) – Nissan will lift recent investments in its British plant to more than 1 billion pounds ($1.4 billion) in the next few years as it rolls out greener technology, the company said as it showcased its latest Qashqai car on Thursday. The… Continue reading Nissan plans more UK investment as it rolls out green tech
UK HGV registrations fall -32.2% in 2020 as operators postpone fleet renewal
Truck registrations drop to 32,918 units following bumper 2019 and impact of pandemic. Falls seen in both rigids (-27.9%) and articulated trucks (-37.2%). Q4 underwhelms with -10.9% fall despite pre-Christmas push in truck activity. Gradual return to pre-pandemic utilisation levels provides hope for 2021. SEE HGV REGISTRATIONS BY BRAND DOWNLOAD PRESS RELEASE AND DATA TABLE… Continue reading UK HGV registrations fall -32.2% in 2020 as operators postpone fleet renewal
Jaguar Land Rover to cut 2,000 jobs globally
By Derek Francis, Nandakumar D 2 Min Read Slideshow ( 2 images ) (Reuters) – Jaguar Land Rover said on Wednesday it would cut 2,000 jobs from its global salaried workforce, just days after announcing its luxury Jaguar brand will be entirely electric by 2025 and e-models of its entire lineup will be launched by… Continue reading Jaguar Land Rover to cut 2,000 jobs globally
Jaguar Land Rover returns to profit in Q3 despite pandemic
Jaguar Land Rover has issued its financials for the third quarter of this financial year, revealing a pre-tax profit of £439 million from September to December 2020 despite the effects of the coronavirus pandemic and Brexit. That figure is the best third-quarter performance Jaguar Land Rover has on record, showing a £121 million improvement over… Continue reading Jaguar Land Rover returns to profit in Q3 despite pandemic