Owning, restoring and driving a classic car is a common dream, but it requires significant investment at every stage – in both time and money. Such desirable, high-value vehicles are inevitably also a common target for professional thieves meeting demand for vintage cars and their parts in the UK and across Europe. Stolen vehicle recovery (SVR) expert, … [Read more...]
Behind the Wheel: Driving towards a cliff
Tens of thousands of more jobs are likely to disappear from the UK automotive sector before the end of the year, writes Robin Roberts. Some 11,349 jobs so far axed following lockdown will grow and despite this week’s 11% rise in new car registrations the outlook is bleak. That’s because the first upturn in showroom sales came at the end of … [Read more...]
Ford secure loan guarantees for Dagenham engine plant
As Ford prepare to close their Bridgend Engine Plant this year with the loss of about 1,200 jobs, the company has secured a UK Government underwritten £500M loan to support its Dagenham engine plant. The guarantee covers 80 percent of a £625M loan from commercial banks to support the automaker’s substantial exports of engines and transmissions from … [Read more...]
Flat-pack EV platform builds on success
Israel-based REE Automotive (REE), the electric platform leader reinventing e-Mobility, has won the 2020 BloombergNEF (BNEF) Pioneer award. REE has been named as one of ten game-changing companies by Bloomberg - the global business and financial information news leader - for its breakthrough EV platform, which is completely flat, scalable and modular and … [Read more...]
Cardiff-led consortium win £44m for CS chip cluster
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 … [Read more...]
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 … [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 … [Read more...]
Newslines 29 June
The Kia e-Niro range is expanding to three trim levels and brings a less powerful 39kW unit to attract more buyers from £29,595 after the PiCG. The 180-miles e-Niro 2 joins the 3 and flagship 4+ models, which have the 64kW battery and do 282 miles on a charge and cost £33,850 and £36,145 after grants. The registration number “O9” is being sold at The … [Read more...]
Ford Transit series loads up more models
Ford has announced new rough-road-capable Trail and Active variants for the Transit and Tourneo ranges, available to order now for delivery in late summer. The new Transit Trail and Transit Custom Trail models have been designed specifically to operate in tougher working environments, with the enhanced traction of a new mechanical limited-slip differential … [Read more...]
Tradelines 24 June
Nissan and Renault have been dragged into a new law suit over alleged illegal emissions and defeat testing devices in UK cars. Up to 1.4 million cars could be involved claims law firm Harcus Parker, nearly all diesel but also 100,000 petrol engines, but the car makers have denied the claim and said they have fully complied with testing legislation. Italy … [Read more...]
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