Tens of thousands of more jobs are likely to disappear from the UK automotive sector before the end of the year, writes Robin Roberts. Some 11,349 jobs so far axed following lockdown will grow and despite this week’s 11% rise in new car registrations the outlook is bleak. That’s because the first upturn in showroom sales came at the end of … [Read more...]
Wales leads UK car sales recovery with Vauxhall Corsa
New car sales in Wales have recovered better than the rest of the UK. Welsh figures from the Society of Motor Manufacturers and Traders show a 39.22 % rise in July compared to the same month last year and brings the running total for this year to just 34.55% below the first seven months of 2019, also better than other regions. Dealers in Wales … [Read more...]
New car sales rise in hoped for lift to market
Pent up demand after lockdown eased is thought to have driven a rise in new car registrations last month. Figures from the Society for Motor Manufacturers and Traders due to be released later this morning are expected to show an 11% rise compared with the same month in 2019. December saw the last increase but it was a blip after a year of decline. The new … [Read more...]
BREAKING NEWS: Gordon Murray T50 supercar revealed
Gordon Murray’s T50 Supercar has been revealed. Just 100 versions of the £2.36 Million ex-works made to measure three-seater with gull-wing doors will be available from January 2022 and they are expected to be snapped up. The model celebrates Gordon Murray’s 50 years in motor sport and road car design and engineering business which has seen him working at … [Read more...]
Newslines 4 August
Ferrari earnings have skidded because of supply chain and coronavirus pandemic issues. Earnings fell 60% to £111,680,000 in Q2 but the full year sales are expected to dramatically pick up by spring 2021 and be at the lower end of their original forecast or about £30 Billion. Fuel price rises recorded by the RAC this week will wipe out savings from cheaper … [Read more...]
£2 Billion cycle-plan ignores vital deliveries
London’s protected cycleways will be rolled out to other English cities in a £2 Billion programme, but it’s already raised concerns in the logistics sector. In response to the government’s package of announcements made 28 July 2020 on urban road use, Natalie Chapman, Head of Urban Policy at Logistics UK, formerly FTA, said, “The government’s plans present … [Read more...]
Tradelines 29 July
Sixty apartments costing up to £1.65M will be built overlooking the Silverstone GP racing track and come complete with a clubhouse and leisure facilities. The leasehold apartments with balconies will be fully managed and can be rented out when not in use by their owner who will benefit from access to all major meetings from May 2022. The UK’s … [Read more...]
End of the road for Mitsubishi cars in UK
Mitsubishi cars will stop being sold in the UK and Europe. Importers Colt Cars, of Cirencester has written to over 100 UK franchise dealers saying the news was unexpected from Japan and meant no new generation models would be coming through the system but they can sell current models. Colt Cars is working to ensure as many retailers as possible are … [Read more...]
From canals to carriageways, the FTA takes a new road today
One of the UK's oldest motoring organisations today changed its name to embrace modern transport. The FTA, which can trace its origins to campaigning for operators rights since 1888, has become Logistics UK. Following the 1888 Railway and Canal Traffic Act traders were given a right of complaint to the Board of Trade if they felt that railway rates or … [Read more...]
M4 congestion report bypasses facts, says logistics group
The report published last week by the South East Wales Transport Commission that aims to tackle congestion on the M4 bypasses the key role which freight plays in sustaining the communities and industry in Wales, according to the business group which represents the logistics sector. “Disappointingly, the report overlooks the key role which logistics plays … [Read more...]
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