LONDON/BRUSSELS (Reuters) – The European Union and Britain clashed over a post-Brexit trade deal on Monday with Prime Minister Boris Johnson insisting he need not sign up to the bloc’s rules and Brussels warning of tariffs and quotas unless he did. Britain wants to negotiate a trade deal by the end of 2020, though EU… Continue reading Brexit trade deal clash: UK and EU begin sparring over rules
Tag: Brexit
BMW delays next generation Mini due to Brexit uncertainty, costs: Official
{{if trimcom}}{{:trimcom}}{{else}}{{:comment.substr(0,500)}}{{/if}} {{if comment.length > 500}} … Read More {{/if}} Skoda Auto sets up software centres to support India 2.0 project defending champions mumbai indians should look to go even this season UK car exports to India register fall, Tata’s Range Rover models hold on to popularity Go to Source
BMW delays next generation Mini due to Brexit uncertainty, costs
* BMW extends lifespan of its Mini platform
* Brexit uncertainty hampers ability of BMW to invest in Britain
* Mini is also produced in the Netherlands (Adds detail)
FRANKFURT, Jan 31 (Reuters) – BMW has delayed the development of its next generation Mini as it seeks to cut costs and as uncertainty over Britain's trade relations with the European Union make long-term investment decisions harder.
The German carmaker has developed three generations of the Mini since buying the marque from Rover Group in 1994, keeping each vehicle in the market for about six years.
The current Mini hatch model, which has been on the market since 2014, is built on the company's technological platform called UKL1.
“The lifespan of this platform has been extended,” BMW spokesman Maximilian Schoeberl told Reuters. “For cost reasons and because of Brexit.”
Pressure has risen on carmakers to free up resources so they can shoulder hefty investments to build next generation low emission electric, hybrid..
Exclusive: BMW delays next generation Mini due to Brexit uncertainty, costs
FRANKFURT (Reuters) – BMW (BMWG.DE) has delayed the development of its next generation Mini as it seeks to cut costs and as uncertainty over Britain’s trade relations with the European Union make long-term investment decisions harder. FILE PHOTO: BMW i8 is displayed at the LA Auto Show in Los Angeles, California, U.S., November 20, 2019.… Continue reading Exclusive: BMW delays next generation Mini due to Brexit uncertainty, costs
Voltia’s Enlarged Nissan e-NV200 To Be Produced In UK By Bevan
Bevan Group enters the electric vehicle arena with high-volume Nissan e-NV200 conversion ‘Final mile’ delivery specialists in the UK, together with tradesmen and other operators working in urban areas, can now choose a competitively priced, fully electric van which offers up to twice the cargo volume of similarly sized competitors. West Midlands-based Bevan Group today… Continue reading Voltia’s Enlarged Nissan e-NV200 To Be Produced In UK By Bevan
@VW Group: TRATON with strong vehicle sales in 2019
In 2019, TRATON SE in its Industrial Business sold 242,200 vehicles of the MAN, Scania, and Volkswagen Caminhões e Ônibus brands, exceeding the prior-year figure by 4%. This positive development was driven among other things by high demand for trucks in Europe in the first half of the year and a sharp increase in demand… Continue reading @VW Group: TRATON with strong vehicle sales in 2019
@Toyota: Consolidated Financial Results for 3Q FY2019 will be announced on Friday,31 January 2020.
Toyota Tsusho Corporation l Press Room Toyota Tsusho’s Press Release tag:www.toyota-tsusho.com,2013-10-03:/english/press//14 2020-01-06T01:55:02Z Movable Type Pro 6.1.2 New Year’s Greeting Happy new year everyone! To the employees of the Toyota Tsusho Group all around the world and to all their family members, I extend to you the warmest of greetings upon the start of 2020. In… Continue reading @Toyota: Consolidated Financial Results for 3Q FY2019 will be announced on Friday,31 January 2020.
“The share of diesel rises sharply again”
The Austrian Hans Dieter Pötsch, 68, has been at the top of the VW supervisory board for four years, previously he was a board member in Wolfsburg for twelve years. Picture: Lucas Bäuml VW supervisory board chief Pötsch talks about the tricky situation of the auto industry and business with autocrats. In the interview, he… Continue reading “The share of diesel rises sharply again”
Simonstone Motor Company’s Bristol dealership ceases trading
Simonstone Motor Company’s Bristol dealership has stopped trading. The site is a multi-brand car dealership on Bath Road, Brislington, representing Alfa Romeo, Abarth, Fiat and Jeep. Bristol Live reported that vehicles for sale have been taken away to other dealerships. The publication claims that a number of customers awaiting new cars are now unsure where… Continue reading Simonstone Motor Company’s Bristol dealership ceases trading
UK engine manufacturing drops -13.9% in November
20 December 2019 #SMMT News #UK Manufacturing UK engine manufacturing falls -13.9% in November, following planned ‘no deal’ Brexit shutdowns. Year-to-date performance -7.9% behind 2018 with 2.4 million new engines produced. Importance of ambitious future trade deal underlined as more than six out of 10 UK-built engines shipped overseas. Mike Hawes, SMMT Chief Executive, said,… Continue reading UK engine manufacturing drops -13.9% in November