Price rises for a range of popular fleet cars and vans is “almost inevitable” over the next few months, FleetCheck is advising. Andy Kirby, customer success director at FleetCheck, said that a range of factors from rising raw material costs to much slowed production would all create upwards pressure. He said: “Through our sister company, Fleetfind, we help … [Read more...]
Secrets of the US President’s car
US President Joe Biden has arrived in the UK for the G7 summit chauffeured in his £1.2m Cadillac ‘The Beast’. Joe Biden’s ‘Beast’ has an armoured exterior, layered armoured windows, a top-spec communications system and Kevlar-reinforced tyres and it’s believed also has some secret offensive features to thwart or disable attackers, but how much does all … [Read more...]
Tradelines 8 June
Apple is reportedly pushing ahead with its plans to build and launch an electric car in two years. Media report the technology company has been discussing battery manufacture with a number of potential suppliers but wants its power cells assembled in the US to boost jobs and circumvent any tariff restrictions or duties. As part of ‘Our Road to … [Read more...]
Luxury loophole can add value but not cost
Smart buyers, dealers and manufacturers have been given a lifeline to save expensive payments on new cars, for now. The Government's Office for Zero Emission Vehicles has provided clarity around the price cap definition stating cars must be priced below £35,000 RRP to be eligible for Government grants. In particular, the price cap definition includes “any … [Read more...]
IM Group lifeline for Mitsubishi owners & dealers
Mitsubishi owners and dealers in the UK have been given a parts and warranty lifeline by Midlands-based International Motors. International Motors Ltd is in advanced discussions to take over the Mitsubishi Motors UK after-sales business in the autumn, pending the completion of a successful due diligence process which is currently well underway after … [Read more...]
Sparks of realism needed for electric and hybrid vehicles
Electric and hybrid vehicles must become more affordable for consumers and more profitable for producers, according to GKN. For that to happen, suppliers must find new and better ways to make electric propulsion more economically viable. GKN Automotive’s technology roadmap focuses on reducing the premium for e-mobility, while maximising the benefits. Lower … [Read more...]
Analysts at IHS Markit see big swings for EVs
Many markets will become pure BEV/ZEV sales markets by 2040 at the latest with only few exceptions, according to IHS Markit estimates. The ICE sales era in Europe will be replaced by the BEV sales era between 2035 and 2040. In China, IHS Markit expects New Energy Vehicles (NEV) sales targets to be around 40% by 2030, greater than 50% by 2035 and up to 100% … [Read more...]
Breaking news: 200 Welsh jobs threated at car parts firm
Kautex Textron, Caerphilly is facing possible closure and the loss of about 200 automotive jobs. The US owned car parts firm at Ystrad Mynach makes washer components for global manufacturers but has been hit by Brexit costs and clients wishes to buy parts from suppliers closer to their vehicle assembly plants. Welsh Government said it is in talks with the … [Read more...]
Newslines 16 April
The next Vauxhall Astra will include a plug-in hybrid drivetrain and a station wagon version, CEO Michael Lohscheller told Automotive News Europe. The car will be based on the same Stellantis EMP2 platform as the forthcoming new Peugeot 308 due on sale later this year while the Astra will be introduced early 2022 but its still uncertain if the newcomer will … [Read more...]
Coronavirus exposed weak supply chain links in auto sector
Supply chain managers need to be much more proactive in setting up and improving business models according to research from Professor Jack van der Veen from Nyenrode Business University. In his recent white paper ‘Implementation of new Supply Chain Business Models: risk management in cross-border trade', he seeks to understand how new business models can be … [Read more...]
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