Nissan’s luxury Infiniti brand is ending production in Sunderland and pulling out of Western Europe. Production of the Q30 and QX30 will cease within months at the plant which was told just last month that it will not get the next Nissan X Trail SUV. The decision is likely to wipe thousands of pounds off the value of any UK Infiniti models and … [Read more...]
Motor industry dispels myths on road to Brexit
As the clock ticks towards a deadline for Brexit, the UK automotive industry outlines its views on ‘no deal’ impact, as Parliament debates the meaningful vote. Many commentators and politicians cite the automotive industry in Brexit discussions so, as Parliament debates the meaningful vote, the Society of Motor Manufacturers and Traders (SMMT) has … [Read more...]
Morgan Motor Company sells out to investors
The 110-year old Morgan Motor Company of Malvern has sold a majority shareholding to British investment group. The Investindustrial Group has backed Aston Martin and Ducati and its likely the Morgan family will become multi-millionaires through the deal which also sees all 190 employees become shareholders. Morgan became famous through its iconic … [Read more...]
Honda fall-out affects Wales
A dozen businesses in Wales make parts for Honda, said the Welsh Automotive Forum. The component suppliers employ thousands of workers and Welsh Government and WAF are taking steps to identify the true impact of the Honda closure and how the employees can be helped. Honda will close its vehicle assembly plant in Turkey along with the Swindon operation … [Read more...]
Honda to close Swindon factory?
Honda will close its Swindon car plant by 2022, says Sky News. It established its only European factory in Wiltshire in 1985 without any UK Government aid, employs 3,500 people and makes about 100,000 Civics annually for the UK and export. It also takes components from a number of Welsh and UK companies, notably in South and Mid-Wales. Now Sky … [Read more...]
New car sales will stagnate this year, say makers
This year, EU car sales will stagnate at 2018 levels in terms of units sold, staying close to the 15 million new registrations mark recorded last year, according to new forecasts by the European Automobile Manufacturers’ Association. Although 2018 was the fifth consecutive year of growth, the pace of growth has slowed down significantly over the last … [Read more...]
Hola, the Hispano Suiza ev is coming
Next month’s Geneva Motor Show will see the world debut of the ‘Carmen’ – a fully-electric hyperlux grand tourer from iconic Spanish luxury car brand Hispano Suiza. Named after Carmen Mateu, granddaughter of Hispano Suiza’s founder, the new model is the ultimate expression of classically-inspired design, next-generation … [Read more...]
JLR sustains big losses in three months
Massive losses have been recorded by JLR. It has reported a £3.4B quarterly loss after writing down the value of its cars and plants. Last month it announced a 10% cut in its 42,500 employees, mostly in the UK. It is the third consecutive quarterly loss after it was hit by U.S.-China trade tensions, low demand for diesel cars in Europe and Brexit … [Read more...]
Welsh sales steady as diesel cars ground and AFVs take off
Sales of hybrid and electric cars soared over 26% last month and slowed the fall in registrations of recent months, according to figures from the car makers. The Society of Motor Manufacturers and Traders say registrations were only 1.6% down in January at 161,013 new cars, with private buyers leading the way as business and fleet models continued to … [Read more...]
Ford offer VR to Bridgend workers as JLR contract expires
Ford has announced its first voluntary redundancy programme at Bridgend plant since the impending loss of its contract to build petrol engines for Jaguar Land Rover. Nearly 400 positions will be cut among hourly and salaried staff who apply ths month with reductions taking place at the end of this year when the JLR lines shut. Unions said earlier … [Read more...]
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