Light vehicle production is growing after the pandemics and supply shortages, say analysts with S&P Global Mobility. Production revisions continue to reflect the dynamic environment impacting the auto industry. In the months following the start of Russia/Ukraine conflict, S&P Global Mobility has done some “fine tuning” with this month’s forecast update, which includes some more … [Read more...]
MG Cyberster concept on show this month
If you thought MG was a boring brand, take a look at their concept for a future sports model, the Cyberster. Just days after revealing design renderings, MG has released the first official photographs of its Cyberster concept car, which will be making its debut at the Shanghai Auto Show 21-28 April. The Cyberster - developed by the team at the MG Advanced Design Centre in London – is a two-door, … [Read more...]
Motor industry at cross-roads, suggests global survey
Car buyers around the world have different opinions on their next vehicle choice, according to an international survey by Arthur D Little researchers. The report entitled ‘The Future Of Automotive Mobility’ based on a survey of over 8,500 end customers in 13 countries shows that global automotive markets are currently at crossroads. While the study identifies that the internal combustion engine … [Read more...]
Microchips take a battering
Vehicle makers have had their chips, as industry watchers report a global shortage of some software used by automotive manufactuers. As China recovers from the CV-19 pandemic it is the first to experience the shortage of microchips used for a variety of in-vehicle applications. Components made or assembled in China are not the only units to suffer as many microchips come from Europe and it is … [Read more...]
Newslines 11 August
Tough labour laws in France mean that Ineos stands to pick up an idling Daimler plant in Hamach in a distressed sale for €500 Million to build its forthcoming Grenadier 4x4 after suspending plans for a new factory outside Bridgend. If the sale falls through, Ineos may return to South Wales but there is another option on a struggling Nissan site in Spain as well. The Proton brand could resurface … [Read more...]
Newslines 23 June
To boost the re-opening of showrooms across its dealer network in England and Northern Ireland, and Scotland from the end of June, Mitsubishi Motors in the UK is now offering its customers savings of up to £4,000 until September 28, as well as the assurance of prompt delivery of their chosen vehicle either to their local dealership or to their home free of charge. Anyone purchasing a new … [Read more...]
Tradelines 15 April
Ford is preparing for a $600M loss in the first three months of 2020 due to sales slowdown in the shadow of the global coronavirus. It’s already secured credit facilities and has a $30B reserve to cover most eventualities. New service and maintenance procedures at Arval UK have been adapted in a matter of days to keep essential fleets available 24/7 during the coronavirus crisis. Corrine … [Read more...]
Newslines 10 April
Nissan wants $4.6 billion from major lenders to cushion the impact of the coronavirus pandemic. It’s been hit by falling demand, management shake ups and now the global effects of the coronavirus on production lines after years of expansion. Worried executives in the German car industry want the Government to lift the lockdown on dealerships now stuffed with back orders and models piled up … [Read more...]
Car sales tumbling across Europe after good December
European new-car sales fell 7.4 percent in January after changes to emissions rules and consumer-incentive programs hit demand. Registrations dropped to 1.135 million vehicles in the European Union, Britain and the European Free Trade Association (EFTA) countries, industry association ACEA said yesterday and reported by Automotive News Europe. January's decline was the first drop in … [Read more...]
Newslines 12 November
Volkswagen is breaking new ground with a concept for an electric estate car to be shown at the Los Angeles motor show the end of this week. The ID Space Vizzion is their latest proposal for a new model after a future EV hatchback was unveiled in the autumn. Jaguar Land Rover’s decision to shut down assembly plants last week to ease any Brexit issues with components and stocks will cost the UK … [Read more...]