Tag: Brexit

Uniti to launch One EV, plans to sell business model as mobility service alternative

Like many start-ups, fledgling Swedish brand Uniti aims to disrupt the automotive industry. Not just with the One, a three-seat electric car engineered and (initially) set to be built in the UK, but further into the future, with a business model aimed at selling the car to companies as a mobility service for its employees… Continue reading Uniti to launch One EV, plans to sell business model as mobility service alternative

Asian companies face tough calls on Brexit after Johnson’s UK win

TOKYO — The substantial majority for Prime Minister Boris Johnson’s Conservatives in Thursday’s U.K. election is set to hasten the nation’s departure from the European Union. This removes some uncertainty for Asian companies investing in Britain, but leaves them with difficult decisions to make. “This one-nation Conservative government has been given a powerful new mandate… Continue reading Asian companies face tough calls on Brexit after Johnson’s UK win

Renault-Nissan Alliance: Makoto Uchida wants to “restore” confidence

Posted on 12 Dec 2019 at 12:49 What Makoto Uchida wants for his teams within Nissan, he also wants it for the Alliance with Renault and Mitsubishi. For Nissan’s new CEO, who took office on December 1, 2019, “restoring” trust with both partners is a top priority. For this, a key word, “transparency”. “To respect… Continue reading Renault-Nissan Alliance: Makoto Uchida wants to “restore” confidence

Nissan Europe boss suffers sales slide to prep for profitable future – Automotive News Europe

Nissan’s sales in Europe fell by over a quarter in the first nine months as the company suffered headwinds ranging from an aging model lineup, difficulties adapting to WTLP regulations and management turmoil related to the departure of its scandal-hit leaders Carlos Ghosn and Hiroto Saikawa. The sales decline has happened under the watch of… Continue reading Nissan Europe boss suffers sales slide to prep for profitable future – Automotive News Europe

McLaren looks to Asia and hybrid cars to stay on track

DETROIT (Reuters) – British exotic sports car maker McLaren Automotive will bank on expanded sales in Asia and a new generation of hybrid cars as it steers toward a potential public offering, the company’s chief executive said on Tuesday. FILE PHOTO: The McLaren Grand Tourer is seen during a world premiere at the Top Marques… Continue reading McLaren looks to Asia and hybrid cars to stay on track

UK engine manufacturing down -6.2% in October

28 November 2019 #SMMT News #UK Manufacturing UK engine manufacturing falls -6.2% in October, following drop in international demand. Year to date performance -7.2% behind 2018 with orders from British plants driving the decline. Importance of frictionless trade highlighted as more than six out of 10 UK-built engines shipped overseas. Mike Hawes, SMMT Chief Executive,… Continue reading UK engine manufacturing down -6.2% in October

UK car production falls -4.0% in October as automotive sector counts the cost of uncertainty

28 November 2019 #SMMT News #UK Manufacturing UK manufacturing output falls -4.0% in October with 134,752 units rolling off production lines. Weak demand at home with a -10.7% drop in production for UK market while exports fall -2.6%. Car production has now fallen in 16 of the last 17 months, with YTD performance down -14.4%.… Continue reading UK car production falls -4.0% in October as automotive sector counts the cost of uncertainty

Only ambitious Brexit deal will safeguard jobs and Britain’s green future

Industry calls on next government to put sector at heart of economic and trade policies, and agree an ambitious Brexit deal to deliver on UK’s green growth ambitions. New figures show tariffs would decimate UK manufacturing, with 1.5 million vehicles lost by 2024 at a cost of £42.7 billion. UK Automotive can lead in global… Continue reading Only ambitious Brexit deal will safeguard jobs and Britain’s green future