A Cardiff University-led consortium has won a £43.7m bid to develop a Compound Semiconductor powerhouse in South Wales which will help future automotive, communications and transport systems among other industries. Government funding provided through UK Research and Innovation’s flagship Strength in Places Fund will build a world-leading cluster of excellence in CS technologies bringing economic … [Read more...]
Finance News
Wales’ Ineos Grenadier 4×4 unwrapped
This is the new Ineos Grenadier. INEOS Automotive today reveals the exterior design of the Grenadier, its forthcoming, no-nonsense 4x4 vehicle for the world, as another step on the road towards start of production. Heavily influenced by the previous Land Rover Defender loved by Ineos boss Sir Jim Ratcliffe, it will be built in a new factory at Brocastle Industrial Estate, Bridgend as … [Read more...]
Covid-19 virus impact being felt as time passes
The true impact of the Covid-19 lockdown and loss of new car production is beginning to be appreciated. UK showrooms closed for over 12 weeks but the factories making cars closed for varying periods of time and this contrasted with other parts of the world where the impact was much less. Although the global automotive industry has been hard hit due to COVID-19, the UK market has suffered … [Read more...]
Lenders worried over extension of deferred loans
Helping customers through this difficult period remains a priority for lenders, but with more parts of the economy reopening, lenders also have a responsibility to transition customers back to regular payments where possible, said Stephen Haddrill, Director General of the Finance & Leasing Association. Commenting on the publication of new proposals from the Financial Conduct Authority to … [Read more...]
Come aboard & join the fleet
A call has gone out to fleet managers to help influence the industry’s future by joining one of the Association of Fleet Professionals’ seven new committees. Covering Electric Vehicles, Low Carbon and Alternative Fuels; Light Commercial Vehicles; COVID-19; Government Bodies and Trade Associations; Road Use and Planning; Risk and Compliance; and Future Mobility Steering, they are designed as … [Read more...]
168,000 automotive jobs under threat say SMMT
One in six jobs are at risk of redundancy without help from the government in restarting production of the automotive sectors, said the Society of Motor Manufacturers and Traders. The SMMT wants emergency funding, permanent short-time working, business rate holidays, and VAT cuts to stem the flow of job losses as showroom reopen and production lines are restarting, it said. About 168,000 people … [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...]
White Dove Suzuki opens in Cardiff
One of South Wales’ longest established motoring families has a new member. White Dove Motor Group, founded in 1961, has added the Suzuki franchise to its current portfolio of SEAT and Skoda brands. White Dove Suzuki has invested over £1,000,000 in their new four-acre premises at Hadfield Road - Bessemer Close, Cardiff, Leckwith, created ten jobs in their seven-car showroom, on their used cars’ … [Read more...]
Virus spreads change through dealerships & buying
The lasting effects of how Coronavirus-19 will spread its impact through the motor industry and selling cars cannot be known, but for many it has merely sped up the changes we have witnessed over a decade, writes Robin Roberts. In a social media post this week, Lamborghini said it was never going to display at a motor show again but would instead concentrate on more personal and exclusive events … [Read more...]
Ghost brokers are defrauding drivers
Ghost brokers are haunting motorists, warns a Welsh business. Gocompare is warning motorists to avoid too good to be true car insurance deals on social media following concerns that fraudsters known as ‘ghost brokers’ are preying on people’s financial worries caused by the Covid pandemic. The warning comes following the arrest at the end of May, of a man by the City of London Police for selling … [Read more...]
- 1
- 2
- 3
- …
- 45
- Next Page »
