Much like almost every other industry in the UK, both car manufacturing and sales have slowed down over the last few months in reaction to Covid-19 to their lowest since 1946. The big players in this sector are no-doubt raring to get back on track and some have already reopened, with strict social distancing rules in place. In addition, many car showrooms … [Read more...]
Industry
Newslines 18 June
The arrival of the new BMW M5 Competition sees the high-performance saloon from BMW M GmbH returning to the stage in its sharpest and most performance-focused form to date. Fusing a high-revving, 625hp 4.4-litre V8 turbocharged engine with a finely-tuned chassis that incorporates new dampers, features such as M Mode and a central information display … [Read more...]
Tradelines 17 June
Over 1,000 temporary contractor jobs are going at JLR as the executive car maker struggles to control losses as a result of the global pandemic hitting sales and it saw a downturn of £501 Million in the first quarter of the year. It has raised its cost cutting target by £1 Billion as it seeks to save £5 Billion by March including slashing capital spending … [Read more...]
Hydrogren economy moves nearer realisation
Bosses from leading businesses looking to build a green recovery today vowed to invest £1.5bn in hydrogen technologies as they called on Chancellor Rishi Sunak to lay the foundations for a UK-wide hydrogen strategy. In a letter to the Chancellor the campaign group, Hydrogen Strategy Now, set out a commitment to unlocking investment, creating jobs and … [Read more...]
Newslines 16 June
Britain’s first end-to-end online car maintenance service provider revealed national survey results which show that UK drivers have not prepared their vehicles for summer holidays. Results from a national Fixter survey shows that 70% of Fixter customers are planning to spend their holidays in the UK this year and will rely on their cars for road-trips and … [Read more...]
Carlos Ghosn’s fate was engineered, claims newspaper
Fired Nissan boss and fugitive from justice Carlos Ghosn was set up by directors of the Japanese car company, it is claimed in a media report this week. The National, a Middle East paper which covers Lebanon where Mr Ghosn is now living, claims there is now some evidence to support his claim. According to people familiar with what happened and previously … [Read more...]
Newslines 15 June
A new 170mph Lancia Stratos two-seater sports car will be hand-built in a run of just 25 models by the newly created Manifattura Automobili Torino company. The legendary bespoke rally car of the 1970s will get a modified Ferrari 4.3V8 engine delivering 540bhp and it will be unveiled in the UK at the exclusive Salon Prive event in September at Blenheim … [Read more...]
Sunday drive: On the road and in the news 14 June
Despite the roads-of-life starting to reopen with shops, businesses, car manufacturers and dealerships getting the wheels of business moving again, I’m still sifting through automotive news you might have missed until my first new model road test car arrives at the end of this week, says a hopeful David Miles. But for the foreseeable future the availability … [Read more...]
£1.2 Billion plant promises thousands of Welsh jobs
A £1.2 Billion deal is close to being signed to bring over 3,500 and up to 15,000 jobs with a new massive car batteries plant adjacent to the Aston Martin Lagonda facility at St Athan, in the Vale of Glamorgan. UK start-up battery manufacturer Britishvolt has shortlisted the site at the former RAF base next to where AML (above) started making their luxury … [Read more...]
EU charging plan welcomed, with reservation on size
The European Automobile Manufacturers’ Association and Eurelectric welcome the focus on infrastructure for electrically-chargeable vehicles in the coronavirus recovery plan announced by the European Commission but warned that still more charge points would be needed. The associations support the goal of funding 1 million public charging points referred to … [Read more...]
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