Tag: Brexit

SMMT calls for immediate ratification and implementation of draft UK-EU Trade & Cooperation Agreement

Draft UK-EU agreement avoids ‘no deal’ disaster for UK automotive industry. Sector welcomes supportive Rules of Origin with phase-in periods and commitment to reduce customs burdens, and calls for immediate ratification. With just hours from ratification to implementation, government should provide specific additional phase-in periods for administration requirements. Investment in UK’s electrified supply chain, including… Continue reading SMMT calls for immediate ratification and implementation of draft UK-EU Trade & Cooperation Agreement

UK signs free trade agreement with Turkey

The UK has signed a free trade deal with Turkey, its first since agreeing a Brexit deal to leave the EU – a development that will strengthen ties between the two European outliers. The continuity agreement, signed by both trade ministers on Tuesday in a video conference call, takes effect on 1 January and ensures… Continue reading UK signs free trade agreement with Turkey

Race is on as carmakers shut, switch or sell combustion engine factories

Carmakers will increasingly find themselves in a race to shut, switch or sell factories producing vehicles with internal combustion engines to avoid being left with “stranded assets”, as regulators set a course for a decade of electrification to reduce carbon dioxide emissions. Traditional manufacturers are currently playing a “zero sum game” because growth in electric… Continue reading Race is on as carmakers shut, switch or sell combustion engine factories

No UK port problems so far for Jaguar Land Rover

By Reuters Staff 1 Min Read FILE PHOTO: The Jaguar Land Rover logo is seen at a dealership, following the outbreak of the coronavirus disease (COVID-19), Milton Keynes, Britain, June 1, 2020. REUTERS/Andrew Boyers/File Photo (Reuters) – Luxury carmaker Jaguar Land Rover has not seen any impact so far from issues at UK ports, its… Continue reading No UK port problems so far for Jaguar Land Rover

UK commercial vehicle manufacturing down -1.9% in November as sector calls for swift resolution to UK-EU trade talks

23 December 2020 #SMMT News #UK Manufacturing UK commercial vehicle production dips -1.9% in November with 8,605 units built. Overall decrease driven by -8.8% exports decline, while production for UK rises 10.1% as sector works to meet ecommerce-driven demand. Almost 60,000 commercial vehicles made since January, a -16.1% decrease on 2019. Industry calls for quick… Continue reading UK commercial vehicle manufacturing down -1.9% in November as sector calls for swift resolution to UK-EU trade talks

UK car manufacturing declines -1.4% in November as sector urges Brexit negotiators to ‘seal the deal’

UK car manufacturing falls -1.4% in November with 106,243 vehicles leaving production lines. Output for domestic market declines -10.4% with exports flat, up just 0.3% to 90,597 units. Year-to-date production now down -31.0% with 380,809 fewer cars manufactured in 2020. Industry calls on Brexit negotiators to ‘seal the deal’ before Christmas to avoid irrevocable damage… Continue reading UK car manufacturing declines -1.4% in November as sector urges Brexit negotiators to ‘seal the deal’

German Handelsblatt: British exit from the EU: How BMW is preparing for Brexit001012

Mini production in Oxford Bit by bit, BMW is likely to move production of the Mini to locations outside the UK. (Photo: Bloomberg) Munich Hardly any German company would be as affected by a hard Brexit as BMW. With Mini and Rolls-Royce, two out of three group brands have their headquarters on the island. Since… Continue reading German Handelsblatt: British exit from the EU: How BMW is preparing for Brexit001012

Nissan picks Japan, not Britain, to make Ariya electric car for EU

TOKYO — Nissan Motor has decided against manufacturing its newest electric vehicle in the U.K. for sale in the European Union, Nikkei has learned, over concerns that the automobile will face higher tariffs in the absence of a post-Brexit trade deal. Instead, Nissan will ship the Ariya from Japan when the vehicle goes on sale in the… Continue reading Nissan picks Japan, not Britain, to make Ariya electric car for EU

Honda’s UK output to resume on Monday after parts delays

LONDON (Reuters) — Honda said car production at its British factory will resume on Monday after transport-related parts delays halted output since Wednesday. “Honda of the UK Manufacturing has confirmed to employees that full production operations will resume in all areas on Monday 14 December,” the firm said in a statement. Britain’s major container ports have… Continue reading Honda’s UK output to resume on Monday after parts delays