27 August 2020 #SMMT News #UK Manufacturing July production up 3.6%, with 5,234 commercial vehicles manufactured. Glimmer of hope comes from uptick in orders from Europe, with 53.4% of all units produced in July destined for EU markets. Year-to-date output down -21.2%, with July growth failing to make up for 8,529-unit loss in first seven… Continue reading Commercial vehicle production rises 3.6% in July
Tag: Brexit
July UK car production down -20.8% as uncertainty reigns
UK car manufacturing falls -20.8% in July with 85,696 units made as factories struggle to ramp up output and global demand recovers slowly. Production for UK buyers down -37.1% as exports also decline, but by a less substantial -16.8%. 307,707 units lost in year to date, down -39.7%, as coronavirus crisis forced markets and plants… Continue reading July UK car production down -20.8% as uncertainty reigns
Japan fails to win early end to auto tariffs in UK trade deal
TOKYO — Japan and the U.K. will agree to eliminate British tariffs on Japanese autos by 2026, despite a push by Tokyo for an earlier phase out, Nikkei has learned. The two countries are working toward an agreement in principle on a trade deal by the end of this month, ministers said Friday. Cars and agricultural products are two… Continue reading Japan fails to win early end to auto tariffs in UK trade deal
@VW Group: TRATON GROUP sees first signs of business recovery in third quarter
The TRATON GROUP recorded lower unit sales, sales revenue, and earnings in the first six months of 2020 in the wake of the expected market downturn in Europe and the significant impact of the global COVID-19 pandemic. Unit sales recorded by the three brands Scania, MAN and Volkswagen Caminhões e Ônibus from January to June… Continue reading @VW Group: TRATON GROUP sees first signs of business recovery in third quarter
Dealers are “optimistic” of a long-term recovery for motor retail sector
Car dealers are optimistic about the future of the motor retail sector, with 71% of dealers feel confident in the longer-term recovery. According to research from the Britain Under the Bonnet report, from Close Brothers Motor Finance, at the beginning of 2020, 98% of car dealers were confident about business prospects for the year ahead, with… Continue reading Dealers are “optimistic” of a long-term recovery for motor retail sector
UK car production down -42.8% in first half as sector sheds more than 11,000 jobs amid coronavirus crisis
UK car manufacturing output declines -48.2% in June with 56,594 units produced, rounding off weakest six months since 1954. Factories turn out just 381,357 cars in the year-to-date, down -42.8% on 2019 – a decline of more than 285,000 units. 11,349 jobs already cut across manufacturing and retail during the pandemic, with more at stake… Continue reading UK car production down -42.8% in first half as sector sheds more than 11,000 jobs amid coronavirus crisis
UK car production slumps to lowest level since 1954
The number of cars built in the UK over the past six months has slumped to the lowest since 1954, according to the industry’s trade body. A total of 381,357 cars were made the six months to June, down 42% on the period last year, said the Society of Motor Manufacturers and Traders (SMMT). The… Continue reading UK car production slumps to lowest level since 1954
US cars ‘must be left out of UK trade deal’
Safety experts are urging the UK government to exclude American cars from any post-Brexit trade deal. They say imported vehicles should meet British safety standards for accidents with pedestrians, cyclists and children. UK PM Boris Johnson has indicated he expects cars to be included in any new transatlantic trade agreement. But safety campaigners point to… Continue reading US cars ‘must be left out of UK trade deal’
Electric cars: St Athan confirmed as site for planned battery factory
Plans to build a plant for producing electric car batteries in Wales are a step closer, the firm behind the proposals has said. Britishvolt had also been considering a Coventry site but said it had signed a memorandum of understanding (MOU) with the Welsh Government to build the factory in St Athan, Vale of Glamorgan.… Continue reading Electric cars: St Athan confirmed as site for planned battery factory
Vauxhall’s Ellesmere Port factory to restart car production after 5 MONTHS – This is Money
Production at Vauxhall’s UK car factory will resume from August 17, exactly five months after owners Groupe PSA closed the shutters on the vehicle plant. The assembly line was forced to stop operating on 17 March, one week before Britain was put into lockdown as global industries closed due to the coronavirus pandemic. But while… Continue reading Vauxhall’s Ellesmere Port factory to restart car production after 5 MONTHS – This is Money