British car-makers who turned off production lines anticipating chaos with suppliers and exports around the original Brexit date in March have seen a dramatic fall in output. The Society of Motor Manufacturers and Traders said car production fell 44.5% year-on-year to 70,971 units in April, the lowest since the 2009 recession started. Car factories … [Read more...]
FCA and Renault talk of merger
Fiat Chrysler Automobiles want to merge with Renault in a $35B deal which the French car maker is seriously considering. French and Italian Governments would have a say in the venture, which is likely to be based in the Netherlands for tax reasons, and which would bring synergies for both sides, reducing development costs and production, without major … [Read more...]
Tradelines 8 May
Following its unveiling at the Geneva International Motor Show in March, the upgraded four-model Kia Niro series is now on sale in the UK from £24,590 for the petrol hybrid to £31,945 for the plug-in hybrid ev version. Enhanced for 2019 with a new exterior design, a more upscale, high-quality interior and enhanced connectivity, the Hybrid and Plug-in Hybrid … [Read more...]
UK car production plunges
Car production in the UK fell by an annual 14.4% to 126,195 cars in March, according to the Society of Motor Manufacturers and Traders. Exports were down by 13.4 % and these account for 80% of production. The SMMT said analysis it had commissioned predicted output would fall this year to 1.36 million units from 1.52 million in 2018, assuming there’s a … [Read more...]
Tradelines 24 April
JLR is hoping strong SUV sales in America will offset a slowdown in the UK and China. The luxury British brand had to writedown $3.9Billion last year due to lower sales but the SUV sector is doing well in the US and the company has new models to launch there over the next 18 months, including the new Evoque (above) and upcoming Defender. Nissan profits … [Read more...]
Brexit delay: what it means for UK hauliers
The Government and the EU have agreed an extension of the UK’s membership until 31 October 2019 at the latest. This means UK hauliers can continue to operate across the EU as usual until then, but there are some changes now being passed onto the industry. While the Government hopes to leave before then, we will only leave earlier if a deal is agreed, … [Read more...]
Speak out on skills shortages in logistics, says FTA
Logistics businesses should take the chance to speak out against the worsening skills shortage, according to FTA, as it calls on industry to support the call for evidence launched by the All-Party Parliamentary Group on Road Freight and Logistics. Sally Gilson, Head of Skills at FTA (right), the organisation representing the interests of the logistics … [Read more...]
Anger over plans to ban petrol and diesel trucks in UK
British industry has criticised a report by the National Infrastructure Commission suggesting new petrol and diesel lorries should be banned by 2040. Tom Thackray, CBI Energy and Infrastructure Director, said, “Business has long acknowledged that decarbonisation is a vital ingredient for making the UK economy as competitive and fit for the 21st century as … [Read more...]
Brexit boost to UK supply chain, academic claims
Traditional supply chains will be destroyed because of stricter border controls and as a result of a no-deal Brexit, businesses in the UK will be forced to buy more local products, according to an expert from the University of Cologne. Professor Andreas Fügener, expert in Supply Chain Management, warns that consumers are largely unaware of the impact that … [Read more...]
Petrol engines driving up emissions
Average CO2 emissions from new cars were 118.5 grams of CO2 per kilometre in 2017, or up 0.4% compared to 2016, said the European Environment Agency. This final data largely confirms the provisional 2017 figures, already published by the EEA in April last year. “It is no coincidence that 2017 marked the first increase in CO2 from cars since records … [Read more...]
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