SMMT analysis published today reveals the scale of Wales’ contribution to UK Automotive, with the sector directly supporting 7,000 jobs – representing one in 20 UK automotive workers – sustaining skilled livelihoods and generating £477 million for the economy. The findings come as senior leaders from industry, Welsh Government and the defence sector gather … [Read more...]
Businesses cut choices as costs rise
Fleets are reducing the length of their company car choice lists in response to a renewed focus on costs, reports Arval UK. Ben Edwards, senior consultant at the vehicle leasing and mobility specialist, said earlier in the 2020s, businesses expanded the selection of models available to employees to make electrification more attractive but now wanted to … [Read more...]
UK Automotive faces serious risks from failing EV drive
UK car makers and dealers are calling on the Government to revise and invest in their zero emissions target and electric vehicle registrations. In its annual analysis of the automotive sector, the Society of Motor Manufacturers and traders report points to some areas that need fixing: Sky high energy costs Business costs that make it harder to … [Read more...]
UK automotive improves but change is needed
UK vehicle production rose 2.7% in May to 51,178 units, according to the Society of Motor Manufacturers and Traders. Car output grew 3.2% to 49,249 units, reversing four months of decline, while commercial vehicle (CV) volumes fell -7.6% to 1,929 units. The stronger overall performance was driven by overseas orders, which recovered following a -30.3% … [Read more...]
Lower premiums with added years
Research for Compare the Market reveals that almost half (48%) of UK drivers aged 51 and over have never checked whether changes in their driving habits could reduce their car insurance costs, meaning millions could be overpaying on their premiums. The survey highlights a knowledge gap among drivers transitioning into semi-retirement or retirement. In fact, … [Read more...]
Putting heart into heritage
Cambrian Classics Ltd is our family-run business that specialises in pre-1980 classic and vintage car repair and servicing, and is located by the beautiful Ceredigion coast. I started Cambrian Classics in 2021, after over 10 years working in the local motor trade. I have owned and worked on my own classic cars since I (below) was a student at Aberystwyth … [Read more...]
Brakes going on Government green drive
The UK government is putting the brakes on its green ambitions in the face of car makers' warnings, lower than expected registrations and struggling charging networks. Originally, new legislation wanted car manufacturers to sell an increasing proportion of electric vehicles annually and under the mandate, a third of every car maker’s UK sales must be … [Read more...]
Newslines 15 June
Chery will build cars alongside Nissan models in the Japanese company's 40 year old Sunderland plant from 2027. It is a move by the Chinese company to circumvent new rules on content to reduce exposure to higher costs being imposed by the EU and gives Nissan new business and therefore profits for the plant which began Bluebird production in 1986. Almost … [Read more...]
Strategic importance of roads endangered by Government
The suggestion, widely reported in the media, that transport capital spending could be cut to increase the UK defence budget fails to recognise the strategic role infrastructure fulfils in times of conflict. According to Ben Fletcher Chief Executive of business group Logistics UK, “Both defence and transport infrastructure are fundamental to the UK’s … [Read more...]
European car maker facing end of the road
Six in 10 used car dealers believe at least one existing major European car maker will be driven out of business in the next 10 years. Likely causes reported in April’s Startline Used Car Tracker include the cost of investing in electrification, mentioned by 40% of dealers, and their inability to compete with low-cost vehicles from Chinese new entrants … [Read more...]
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