Acea asks to avoid “disastrous implications” for the car in the negotiation of the ‘brexit’

Published 3/19/2018 11:08:57 PM BRUSSELS, 19 Mar. (EUROPA PRESS) – The Association of European Automobile Manufacturers (ACEA) has asked the members of the negotiation on the ‘brexit’ to give “urgent attention” to the specific problems of the automobile, in order to avoid “possible disastrous implications” on the set of the supply chain of the sector.… Continue reading Acea asks to avoid “disastrous implications” for the car in the negotiation of the ‘brexit’

Press Releases – Brexit: EU auto makers call for urgent action to solve sector-specific issues

Brussels, 19 March 2018 – Just a few days ahead of the EU summit, where the 27 heads of state are set to approve the European Council’s Brexit guidelines, the European Automobile Manufacturers’ Association (ACEA) is calling on the negotiators to pay urgent attention to sector-specific issues in order to avert potentially disastrous implications on… Continue reading Press Releases – Brexit: EU auto makers call for urgent action to solve sector-specific issues

Publications – Position Paper: Brexit

Today, automobile manufacturers operate more than 300 assembly and production plants across the European continent. They often manufacture components – like engines and transmissions – in one country, and assemble the final vehicle in another. Auto makers are part of a highly integrated and complex manufacturing network spanning right across Europe. Needless to say, the… Continue reading Publications – Position Paper: Brexit

UK: Law on Autonomous Driving & New Offenses

The Government of Great Britain is currently reviewing an Act on Autonomous Driving on Public Roads. The British government wants to have a law in the drawer before the autonomous driving technique is on the road. It also contemplates new criminal offenses. To the rules up 2021 In fact, according to the British Minister of… Continue reading UK: Law on Autonomous Driving & New Offenses

Jaguar Land Rover needs Brexit detail before building electric cars in Britain

GENEVA, March 6 (Reuters) – Jaguar Land Rover is waiting for more information on trading conditions after Brexit before it decides whether to make electric cars in its home market, the boss of Britain’s biggest carmaker told Reuters. The Indian-owned automaker, which makes just under one in three of Britain’s 1.7 million cars at three… Continue reading Jaguar Land Rover needs Brexit detail before building electric cars in Britain

Diesel slide continues as UK car sales fall for 11th month running

Automotive industry Number of new cars registered in February falls by 2.8% despite rises in petrol and electric sales The number of new cars registered in February dropped by 2.8% from a year ago. Photograph: Gareth Fuller/PA Slumping demand for diesel vehicles dragged down new car sales in February, marking the 11th consecutive month of… Continue reading Diesel slide continues as UK car sales fall for 11th month running

UK car industry must be at the heart of Brexit negotiations, say MPs

Automotive industry Investment and thousands of jobs could be lost in booming automotive sector, committee warns The BEIS parliamentary committee warns that car manufacturing in the UK could face frosty investment conditions after Brexit. Photograph: Ian Horrocks/Getty Images The UK government must put the car industry at the heart of Brexit negotiations or risk the… Continue reading UK car industry must be at the heart of Brexit negotiations, say MPs

Toyota to build new-generation Auris car in Derbyshire

Toyota Japanese carmaker’s decision safeguards the jobs of 3,000 workers as Brexit fears continue A worker assembles a vehicle on the production line at Toyota’s factory in Burnaston, Derbyshire. Photograph: Bloomberg/Getty Images Toyota has announced it will build the next generation of its Auris car at its Burnaston plant in Derbyshire. The Japanese carmaker said… Continue reading Toyota to build new-generation Auris car in Derbyshire

Aston Martin boss: record profits show financial turnaround is complete

Aston Martin posted a profit of £87 million in 2017 – £250 million more than the £163 million loss the brand achieved in 2016. This was driven by a 58% upswing in global sales compared with 2016, with 5117 cars finding homes across the year. £876 million in revenue was raised – 48% up on 2016.… Continue reading Aston Martin boss: record profits show financial turnaround is complete

Aston Martin gears up for IPO with first pre-tax profit since 2010

LONDON (Reuters) – Aston Martin delivered its first annual pre-tax profit since 2010 on Monday after last year’s sales reached a nine-year high, while the luxury British carmaker also confirmed it is considering a stock market flotation. Pre-tax profit reached 87 million pounds ($122 million) last year at fictional spy James Bond’s car brand of… Continue reading Aston Martin gears up for IPO with first pre-tax profit since 2010