British automotive manufacturers are calling for urgent action on spiralling costs as new analysis from the Society of Motor Manufacturers and Traders reveals firms face a £90 million uplift in energy bills this year – equivalent to more than 2,500 automotive jobs – as costs surge by 50%. UK electricity prices are the most expensive of any European automotive manufacturing country and 59% higher … [Read more...]
Auto-businesses growing despite scares
More automotive businesses have reported turnover growth than any other sector, according to a new Business Census of business leaders’ expectations for the year ahead. The survey, conducted by global credit company Creditsafe and completed by 755 business leaders, revealed that 92% of surveyed automotive businesses grew in terms of turnover in 2018. Speaking of the results, Creditsafe’s UK … [Read more...]
Tradelines 14 November
Findings from Ben’s first industry survey in 2017 indicated that bullying was rated the third most important issue of all health and wellbeing topics. In light of these results, Ben has launched new resources on its website to help people cope with this difficult issue and find out more about what bullying is and how to deal with it. The UK new heavy goods vehicle market declined 7.0% in Q3 … [Read more...]
Newslines 16 January
Ford is rolling out an $11 Billion powertrain investment over four years. It plans to introduce 40 hybrid and fully electric vehicles into its range, chairman Bill Ford said on the eve of the Detroit Motor Show. Volkswagen is pouring $3.3 Billion into expanding its US model range in the wake of the sales collapse there following its diesel emissions cheating. It will lead the offensive … [Read more...]