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...]
Car production & investment sharply down – SMMT
British car production fell by 9 percent last year - the most since the recession ten years ago. Analysis by the SMMT suggests investment slumped by nearly half due to fears about Brexit, said the SMMT. Volumes have also been hit by a crackdown on diesel, tougher emissions rules disrupting new vehicle supply and a slowdown in China, the world’s no. 1 … [Read more...]
Newslines 25 January
Jaguar Land Rover will take a week-long pause in production in April due to potential disruption from Brexit which would affect all three of its UK car plants and its engine plant. The automaker has previously warned about the impact of Brexit and cut production due to slowing demand in China last autumn. Ford faces a bill of up to $1 billion if … [Read more...]
Diesel shortages beginning to show, prices rising
New diesel car sales are falling so quickly that there could be shortages of them on the used market in the near future, says the Vehicle Remarketing Association. The organisation – which represent companies that handle, sell, inspect, transport or manage more than 1.5 million used vehicles every year – says that while new car diesel demand has plummeted, … [Read more...]
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