The 83rd President of the Society of Motor Manufacturers and Traders (SMMT) will be Mick Flanagan, Vice President for Volvo, JLR, Toyota, Nissan at Adient. He will assume office from 1 January 2024, replacing Alison Jones, Senior Vice President Global Circular Economy at Stellantis, who steps down after completing her two-year tenure. Mick draws experience from a long career in the automotive … [Read more...]
UK Automotive faces serious risk from foreign evs
The transition to electric vehicles is posing a serious risk to the UK automotive sector as global competition intensifies, says the Institution of Mechanical Engineers. For the industry to survive, the Government needs to provide more incentives to consumers to buy electric cars as well as greater support to vehicle manufacturers. In its report “UK Automotive Sector: Surviving the Net Zero … [Read more...]
Newslines 1 October
VW, BMW, MB and Porsche have suspended European sales of their plug-in hybrid models, reports Automotive News Europe. The new WLTP emissions programme tests them differently to the former NEDC regulations and the result is their CO2 footprint is bigger and outside the limits for subsidies and their owners have to pay higher taxes. UK engine production was stable in August, with just 0.3% … [Read more...]
Rental & leasing companies register 83% of UK vehicles
The vehicle rental and leasing industry contributes around £49B per year to the UK economy, supports over 465,000 jobs and generates £7.6B in taxation annually. Commissioned by the BVRLA from respected research organisation Oxford Economics, the study provides some robust, independent data on the size, scope and importance of the vehicle rental and leasing industry. The £49B takes account of … [Read more...]