Having been through many periods of ownership, including BMC and British Leyland, today MG is in the hands of SAIC, China’s largest car manufacturer, writes David Miles. They sold 6.9-million new cars last year globally, 3.52-million in the first six months of this year, and MG is now the global brand for SAIC outside China and for the domestic market … [Read more...]
Massive fines looming for car makers in EU
Car makers are facing the prospect of massive fines if they fail to meet tough new average emissions targets set in the EU. Automakers failing to meet 2021 fleet CO2 emissions compliance, could be fined more than €14 billion in 2021, based on new analysis from business information provider IHS Markit. Legislators in the European Union (EU) are imposing … [Read more...]
A new age of the car is beginning the transformation
Electric vehicles will transform the automotive industry over the next five years, says GlobalData. The electric vehicle is one of four themes, along with the connected car, autonomous driving technology and transport-as-a-service, that is disrupting the legacy automotive industry, said the data and analytics company. The company’s latest … [Read more...]
Fleet numbers will grow, predict Arval
Despite uncertain conditions, a net 20% of businesses believe that the number of vehicles they operate will grow in the next three years, according to new research by Arval. The figure – which shows those companies predicting an increase minus those who foresee a decrease - is virtually identical to last year when a net 21% of fleets said that they were … [Read more...]
Newslines 10 August
BMW is recalling about 324,000 diesel vehicles in Europe to fix a technical fault that has caused engine fires in South Korea. A faulty exhaust gas recirculation module in BMW diesel cars caused 27 engine fires in South Korean models which led to checks on 106,000 cars and the European recall was expected. Volvo is introducing the performance and … [Read more...]
“Diesel in terminal decline” – July car sales analysis
Hybrid and electric car sales have broken records while diesel continues terminal decline, according to the latest car sales figures from the industry in Britain. The Society of Motor Manufacturers and Traders July registrations showed a very modest 1.2% rise in overall sales, helped by strong demand for convertibles and sales incentives by manufacturers … [Read more...]
Serious issues for car makers facing new emissions test
There is a growing problem for car makers attempting to work to the new WLTP emissions test as the September deadline looms, says JATO. The international business intelligence service has carried out its own emissions analysis and concludes the perceived and real gap between the old and forthcoming test figures is bigger than first thought. Only … [Read more...]
Drivers cool on electric vehicles, for now
As the UK government unveils its Road to Zero plan to reduce emissions and improve the countries Electric Vehicle charging infrastructure, a new survey from Venson Automotive Solutions reveals that motorists are some way behind in their willingness to adapt. Only 15% of those surveyed said they will definitely be making the switch to an EV or hybrid … [Read more...]
Brexit bombshell for business, say car makers
A no-deal Brexit is not an option for Britain’s car industry, the car makers' have warned. Mike Hawes, chief executive of the Society of Motor Manufacturers and Traders, said carmakers were “increasingly concerned” about the lack of clarity around departure from the European Union. With less than eight months until the divorce is due to take place, … [Read more...]
VW T-Roc surges as Europe recovers & UK falters
The European car market is more dynamic than ever before, recording its best H1 performance of the century,reports analyst firm JATO. There were 8.6 million car registrations between January and June – a year on year increase of 2.7%. Despite uncertainty in the UK, where the market was down 6.3% on H1 2017, the growth recorded in Germany, France and … [Read more...]
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