TVR will build its new 170mph sports car in Wales. Around 150 quality assembly and engineering jobs will be created in the £30 Million investment in the Ebbw Vale Enterprise Zone over the next five years. Advance orders for the unnamed new car exceed 350 which will take it to the end of its first year in production by 2018, and four new models are in the pipeline over ten years as it reaches … [Read more...]
Industry
Volkswagen’s diesel-gate problems intensify
Almost 300 institutional investors in Volkswagen have filed a multi-billion euro suit against the automaker for what they see as breaches of its capital markets duty in the emissions scandal, said the law firm representing them. The lawsuit, for damages of 3.27 billion euros ($3.61 billion), was filed at a regional court in Brunswick in VW's home state of Lower Saxony on Monday and is being … [Read more...]
Working with Aston Martin
Aston Martin has announced the formation of Aston Martin Consulting, an initiative to provide companies with the opportunity to engage with the company’s expertise centred on design, engineering and manufacturing. AMC operations will be based at Aston Martin’s headquarters and manufacturing facility in Gaydon, Warwickshire where 1800 employees work to produce the company’s range of luxury … [Read more...]
Volkswagen orders have fallen in UK but will recover
Volkswagen in Britain predicts a fall in orders in the first quarter, hit by the diesel emissions scandal, but strong orders mean there are signs the carmaker is bouncing back, its UK managing director said. Sales have been decreasing since October when the scandal broke and in January they were down 14% compared to the same month in 2015. However, Paul Willis told Reuters that whilst … [Read more...]
RAC reports fuel prices are falling and not rising again
The average price of petrol fell slightly in February, marking eight consecutive months of falls, RAC Fuel Watch data reveals. Motorists have now enjoyed eight months of falling unleaded prices from the beginning of July 2015 when the average price of a litre was 117p a litre. At the end of February, the average price of petrol at forecourts was 101.93p – a drop of 15p and a saving of £8.25 on … [Read more...]
Wales considered for new TVR car factory
Another radical new British sports car could be built in South Wales after last week’s announcement of the Aston Martin DBX. Yesterday, legendary TVR confirmed it was looking at future production sites in South Wales for its new range of ground-breaking sports cars which use F1 type lightweight carbon fibre chassis and bodies. They would be built on the patented i-stream system developed … [Read more...]
Aston Martin team begins work in Wales
Welsh automotive suppliers are lining up to supply the new Aston Martin being made in South Wales from 2019. There are a handful of Welsh suppliers to the Midlands car maker but since it said it would be building its futuristic electric DBX at St Athan and creating 750 jobs, the car component makers in Wales have been thinking what additional equipment they could be making for the international … [Read more...]
Aston Martin DBX electric supercar will be built in Wales
Wales has won the bid to build the futuristic Aston Martin DBX crossover. Executives from the company and Welsh Government leaders will hold a press conference in Cardiff this morning to formally announce the project and give more details as well as unveil the electric super car. About 750 jobs will be created when the revolutionary car is put into production in a new factory … [Read more...]
Smartphone technology now used to measure car quality
More than a century after Henry Ford started the first moving assembly line, Ford Motor Company is applying smartphone technology to his pioneering development. Ford has developed a wearable device and a smartphone app that enables production line workers to make faster and more accurate quality checks on new vehicles. Previously, workers at Ford’s manufacturing facility in Valencia, Spain, … [Read more...]
Spot checks on German cars
Germany wants to carry out unannounced emissions tests on all automakers to help restore confidence in the industry that was shattered by the Volkswagen cheating scandal. "There will be controls on vehicles in the style of doping tests [for athletes]," Transport Minister Alexander Dobrindt told the Bild newspaper. "Unannounced and every year." One way to carry out the random tests would be … [Read more...]