Tag: Brexit

News – Even if we manage to overcome COVID-19, a no-deal Brexit might be the next threat to the auto sector

While Europe still grapples with the health, social and economic impacts of the coronavirus, and EU automobile manufacturers battle for survival, the second round of negotiations on the future relationship between the United Kingdom and the European Union took place last week. This is not something we can overlook, because a no-deal Brexit at the… Continue reading News – Even if we manage to overcome COVID-19, a no-deal Brexit might be the next threat to the auto sector

Vauxhall boss: coronavirus will change car buying for good

Vauxhall boss Stephen Norman believes the UK’s virus lockdown is encouraging car buyers to embrace a new phone-based direct sales system his company is rushing to put in place — and is confident it will remain effective long after business returns to normal. Norman is so passionate about the new project that he is currently… Continue reading Vauxhall boss: coronavirus will change car buying for good

Publications – Position Paper: EU‐UK Trade Negotiations

Brexit has created an unprecedented level of uncertainty in the automotive sector. Indeed, any change to the deep economic and regulatory integration between the EU and the United Kingdom will have an adverse impact on automobile manufacturers. As this position paper sets out, the European Automobile Manufacturers’ Association (ACEA) calls on both sides to bear… Continue reading Publications – Position Paper: EU‐UK Trade Negotiations

Nissan to furlough staff and suspend production for whole of April – Chronicle Live

Car giant Nissan is to suspend production at its Sunderland plant for the rest of April and put most of its staff on furlough as the coronavirus lockdown continues. The company – which employs more than 6,000 people at Sunderland and supports thousands more in the regional supply chain – had initially suspended production on… Continue reading Nissan to furlough staff and suspend production for whole of April – Chronicle Live

@VW Group: Porsche AG Group – Business Performance

Dynamic global economy The global economy continued to record robust growth in 2019, albeit at a slightly reduced pace. Global gross domestic product (GDP) increased by 2.6 per cent (previously 3.2 per cent). Economic momentum in the advanced economies of the world and in the emerging markets was below the previous year. Interest rates remained… Continue reading @VW Group: Porsche AG Group – Business Performance

@BMW: Statement and Presentation by Oliver Zipse, Chairman of the Board of Management of BMW AG, Annual Accounts Press Conference 2020

Oliver Zipse, Chairman of the Board of Management of BMW AG Good morning Ladies and Gentlemen! In times like these, we need responsible behaviour in society. We find ourselves in highly unusual times. All of us are personally affected. Medical experts and scientists are giving clear directions as to what we need to do to… Continue reading @BMW: Statement and Presentation by Oliver Zipse, Chairman of the Board of Management of BMW AG, Annual Accounts Press Conference 2020

Peugeot’s Vauxhall UK car factory cut to four-day week

FILE PHOTO: A Peugeot car is seen in the car park of the Vauxhall car plant in Ellesmere Port, Britain, January 10, 2018. REUTERS/Phil Noble -/File Photo LONDON (Reuters) – Peugeot’s British car factory will go down to a four-day working week later this month as the firm finds efficiencies in the face of a… Continue reading Peugeot’s Vauxhall UK car factory cut to four-day week

Nissan presses ahead with £400m Qashqai plan for Sunderland

Nissan Japanese carmaker unveils £52m production press amid post-Brexit tariff warnings The production line at Nissan’s Sunderland factory. The third-generation Qashqai model is due to be delivered in 2021. Photograph: Owen Humphreys/PA Media Nissan is pushing ahead with its £400m plan to build its new Qashqai sports utility vehicle at its Sunderland factory, despite the… Continue reading Nissan presses ahead with £400m Qashqai plan for Sunderland

Nissan gives Sunderland plant £400m boost to build new Qashqai

Nissan has announced the latest stage of a £1 billion investment programme in its Sunderland production facility in preparation for building the next-generation Qashqai there.  This is a £52 million press to stamp panels for the third-generation crossover, which is expected to launch early next year. It brings the total investment in production of the new Qashqai to… Continue reading Nissan gives Sunderland plant £400m boost to build new Qashqai