The closure of Ford Bridgend Engine Plant will have a devastating impact on its employees, the supply chain and Bridgend, said Minister for Economy and Transport Ken Skates. “Earlier today I spoke with Graham Hoare, Chairman of Ford UK, who informed me that the company intends to begin a consultation to close its Bridgend engine plant in September 2020 to … [Read more...]
Ford Bridgend Engine Plant closure confirmed
Workers at Ford Bridgend Engine Plant were this morning told it’s closing after 40 years. The company called a mass meeting in the plant and it comes after many months of speculation surrounding its operations and future, and manager Wallace Yarwood broke the news to a hushed crowd with only one worker shouting "Poor show". The GMB union said it would … [Read more...]
Tradelines 5 June
The next generation Land Rover Defender will be unveiled at the Frankfurt motor show in early September. It is one of the car makers still pledged to the German motor show, despite 22 other makers missing it as they revisit their sales and marketing strategies, but the new Ford Puma SUV is expected to be their highlight at the event. The planned Fiat … [Read more...]
Car makers pay the price of planning ahead
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...]
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