The European Automobile Manufacturers’ Association (ACEA) has panned The Real Urban Emissions (TRUE) Initiative, describing its claims as ‘misleading’. The TRUE Initiative, involving the International Council on Clean Transportation, FIA Foundation, Global NCAP, Transport & Environment and C40 Cities, claimed that even new diesel cars were failing to meet emissions standards set by the European Union, based… Continue reading European car industry defends emissions standards amid TRUE Initiative media storm
Tag: Brexit
UK car manufacturing recovers 5.2% in April; engine building reaches new peak
UK car manufacturing was also given a boost in April as output rose by 5.2% from April 2017 to 127,952 units, putting the brakes on a production downturn that has been in motion all year. Last month, UK car plants received a 7.3% increase in demand from the domestic market, while overseas demand was up… Continue reading UK car manufacturing recovers 5.2% in April; engine building reaches new peak
Analysis: the challenges facing Jaguar Land Rover
The decision last month to lay off 1000 contract staff out of a total 40,000 workforce may be a disaster for those affected but, on the face of it, it does not signal serious structural issues for Jaguar Land Rover’s business. That said, although JLR has expanded at pace since its near-death experience after the… Continue reading Analysis: the challenges facing Jaguar Land Rover
UK car manufacturing bounces back by 5.2% in April
UK car manufacturing was given a boost in April as output rose by 5.2% to 127,952 units, putting the brakes on a production downturn that has been in motion all year. Last month UK car plants received a 7.3% increase in demand from the domestic market, while overseas demand was up by 4.7%. In total,… Continue reading UK car manufacturing bounces back by 5.2% in April
INTERVIEW -Not enough time for tech customs solution to Brexit – Aston Martin
By Costas Pitas GAYDON, England, May 29 (Reuters) – The boss of carmaker Aston Martin warned it was probably too late to roll out the kind of technology needed for the post-Brexit customs plan that is favoured by many British eurosceptics. Chief Executive Andy Palmer told Reuters that getting the technology in place would cost… Continue reading INTERVIEW -Not enough time for tech customs solution to Brexit – Aston Martin
Brexit a threat to flow of goods in and out of Europe
After the Pride of York ferry sailed into the Belgian port of Zeebrugge from Hull in the UK earlier this month, dozens of cargo containers were offloaded and whisked away on lorries. The hundreds of passengers weren’t as lucky: they had to line up for border checks. Brexit risks putting UK freight in the slow… Continue reading Brexit a threat to flow of goods in and out of Europe
UK car output slumps on poor demand
The number of cars made in the UK during March fell by 13.3% from a year earlier as both domestic and overseas demand for vehicles declined. The Society of Motor Manufacturers and Traders (SMMT) said poor weather had affected production. But it said that double-digit falls in output for the both home market and exports… Continue reading UK car output slumps on poor demand
Fitch affirms Tata Motors at BB+; outlook stable
TML‘s sales volume grew by 9% yoy in medium and heavy commercial vehicles and 23% in light commercial vehicles in FY18. New Delhi: Tata Motors (TML’s) rating, which includes a one-notch uplift from its standalone rating of ‘BB’ on its linkage with Tata Sons (TSOL), reflects its position in the Indian commercial-vehicle market and the… Continue reading Fitch affirms Tata Motors at BB+; outlook stable
March decline for UK car manufacturing as industry repeats call for continued membership of customs union
147,471 cars roll off UK production lines in March, down -13.3% on same month in 2017. Output for home market falls for eighth consecutive month, by -17.7%, with exports also dropping -11.9%. Q1 manufacturing down -6.3% year on year to 440,426 units, with eight in 10 shipped overseas. SMMT restates need to maintain frictionless UK-EU… Continue reading March decline for UK car manufacturing as industry repeats call for continued membership of customs union
Hundreds of job cuts at Nissan in Sunderland
A few days after Jaguar Land Rover announced that it plans to cut 1,000 jobs at its Solihull plant in the West Midlands, it’s now Nissan’s turn to announce downsizing in Britain. Renault’s 43% shareholder announced Thursday its employees that it will launch a voluntary departure plan at its giant plant in Sunderland, in the… Continue reading Hundreds of job cuts at Nissan in Sunderland