Aston Martin is extending by a week production stoppages at its St Athan DBX plant until 27 April. Production will be suspended from today when it planned to restart because of the current global and local position concerning suppliers and employees, Aston Martin confirmed and Britain's biggest automaker, Jaguar Land Rover, has not set a date for restarting … [Read more...]
Challenging times ahead for trade, says analyst
It has been a month of halves with two weeks of unexpected silence in the showrooms resulting in many staff being furloughed in the absence of customers. Service departments and smaller garages are working to keep key workers mobile and safe with their transportation needs and the insurance industry is still largely active. Dealers still have a shop window … [Read more...]
Tradelines 15 April
Ford is preparing for a $600M loss in the first three months of 2020 due to sales slowdown in the shadow of the global coronavirus. It’s already secured credit facilities and has a $30B reserve to cover most eventualities. New service and maintenance procedures at Arval UK have been adapted in a matter of days to keep essential fleets available 24/7 during … [Read more...]
Newslines 10 April
Nissan wants $4.6 billion from major lenders to cushion the impact of the coronavirus pandemic. It’s been hit by falling demand, management shake ups and now the global effects of the coronavirus on production lines after years of expansion. Worried executives in the German car industry want the Government to lift the lockdown on dealerships now … [Read more...]
North Wales Fire Service shows Musso power
SsangYong Motors UK has partnered with North Wales Fire and Rescue Service to supply three award-winning SsangYong Musso pick-up trucks. North Wales Fire and Rescue Service protect a population of 678,461 people over an area of 2,400 square miles as well as hundreds of thousands of tourists and visitors who come to North Wales every year. Nick Laird, … [Read more...]
Coronavirus hits over 1.4M vehicles
Over 1.4M new vehicles have been lost to production shutdowns across Europe as the Coronavirus develops. Factory shutdowns as a result of the COVID-19 crisis have resulted in lost production amounting to 1,465,415 said the European Automobile Manufacturers’ Association. This figure – covering passenger cars, trucks, vans, buses and coaches – is up from … [Read more...]
Lockdown security warning to businesses
Security of used cars and vans without access to formal storage facilities could be a growing problem for the remarketing sector over the course of the coronavirus lockdown, says the Vehicle Remarketing Association. The body, which represents organisations involved in the remarketing of 1.5m cars and vans every year, said that large numbers of vehicles left … [Read more...]
New car sales slump to lowest in generation – for some
Car sales in Britain have crashed 44% to their lowest in a generation. Despite the introduction of the new 20-plate, registrations were effectively wiped out from the middle of March onwards after the UK Government ordered the shutdown in non-essential businesses for an unspecified period. Those dealers who secured advance orders and were able to deliver … [Read more...]
Warning for motor industry future as Aston Martin take orders
The jobs of at least 1,110,107 Europeans working in automobile manufacturing are affected by factory shutdowns as a result of the COVID-19 crisis, according to data compiled by the European Automobile Manufacturers’ Association. This figure only refers to those people directly employed by car, truck, van and bus manufacturers – the impact on the wider … [Read more...]
Newslines 2 April
AIWAYS, the Shanghai-based personal mobility provider, will start taking online orders for its U5 all-electric SUV from European consumers in May. Secured via a small deposit, the U5 will be offered exclusively via a direct-to-customer sales model, and not retailed or leased through traditional dealerships. European pre-sale markets and the required deposit … [Read more...]
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