The Government must make lenders move faster to access the special loan scheme or businesses will fail, says the FTA. On 2 April, Chancellor Rishi Sunak MP announced changes to the government’s Corona Business Interruption Loan Scheme, vowing to take “all action necessary” to make sure government backed loans were benefitting businesses as planned. But … [Read more...]
Tradelines 29 April
The Vauxhall Vivaro-e, its first factory-built, fully-electric van to arrive in the market as more and more UK cities welcome emissions-free vehicles. Orders can be placed from June and deliveries begin in the autumn for the 188miles EV with a 1,226kg payload. Audi is pulling out of the German touring car series after this season. It has been … [Read more...]
Newslines 27 April
Russell George AM, the Shadow Minister for Transport, has called on the Welsh Government to provide support to Holyhead Port during the Covid-19 pandemic. While some freight services continue between Wales and Ireland, the reduction in the number of passenger services has led to calls for Welsh Government financial support to fill the gap between a reduced … [Read more...]
Sunday drive: On the road and in the news 26 April
As the COVID-19 lock-down continues for another three weeks at least the motoring world needs to carry on, as does our service to supply interesting news items you may have overlooked. Here are a few I have selected for this week’s news briefing. Still ‘Moving the Metal’ via on-line virtual showrooms Numerous car brands are now operating virtual … [Read more...]
Newslines 24 April
The Welsh Government has effectively made it illegal to visit second homes in Wales under the latest lockdown legislation. It has moved beyond the UK Government and made it unlawful to remain away from your normal home without good reason, so owners and tenants cannot use casual accommodation. Renault is seeking €600M from the French Government to protect … [Read more...]
AM St Athan begin return to work early next month
Aston Martin’s St Athan factory will begin to return to normal later than initially thought and resume DBX suv production on 5 May. Work at the company’s UK headquarters site in Gaydon will begin later in the month. The majority of its employees are currently furloughed and those who continue to be laid off from 1 May will get 80% of their base salaries … [Read more...]
40M vehicles now used in UK
The number of vehicles registered for use on British roads has surpassed 40 million for the first time, according to the Society of Motor Manufacturers and Traders. The UK’s largest automotive analysis reveals that more than 35 million cars and five million commercial vehicles were in use in the UK in 2019, representing a 1.0% increase on the previous … [Read more...]
Boost to fuel cell trucks
Daimler and Volvo will jointly develop new generation fuel cell trucks. The two big heavy goods vehicle makers have inked an agreement which is seen as a forerunner of future joint ventures in the industry struggling to cope with tougher emissions regulations and rising development costs. … [Read more...]
Car makers outline plan for production return
As Europe is grappling with the health, social and economic impacts of COVID-19, the European Automobile Manufacturers’ Association has set out four guiding principles for a successful re-launch of the auto industry, which will be vital to the wider economic recovery of the continent. “It is in Europe’s interest that this key strategic sector not … [Read more...]
Global collapse of van production to be felt for 2020
Global commercial vehicle production volumes in 2020 compared to 2019 are forecast to be down 22 percent , some 650,000 units to 2.6 million units, in the wake of the COVID-19 pandemic, according to the most recent analysis from IHS Markit. Individual regional forecasts are set to a downtrend, and supply chain impacts are being felt, as the … [Read more...]
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