Total 2017 global light vehicle sales will reach 93.5 million units, a growth rate of 1.5 percent over 2016, according to the most recent forecast from IHS Markit, a world leader in critical information, analytics and solutions. However, industry risk in mature markets is at the highest level it has been since the Lehman Brothers collapse and global … [Read more...]
News
Newslines 24 February
The UK automotive sector demonstrated its commitment to developing the latest low emission vehicles during a special display in London yesterday. Set against the backdrop of London’s Tower Bridge, 26 vehicles from 16 different brands underlined the diversity and appeal of alternatively fuelled vehicles now on sale across the UK, where there are currently … [Read more...]
Motor crimes blackspot Wales
Wales is a blackspot for some motor crimes. A survey shows 172,000 motoring offences recorded in Wales in 2015/16 and speeding accounted for 159,000 motoring offences in Wales while it ranks as fourth worst region for seatbelt crimes with 5,700 violations. Just one driver was prosecuted for lane hogging on a road in Wales. To highlight the research, … [Read more...]
Welsh international automotive economist dies
International automotive economist Professor Garel Rhys, CBE, has died. He was the chairman of the Welsh Automotive Forum, Professor Emeritus and President of the Centre of Automotive Industry Research at Cardiff University and an adviser to Welsh Government on economic and automotive affairs. He died in his sleep at his Cardiff home 21 February, a … [Read more...]
Motorpoint Newport get new GM
Motorpoint, the UK’s leading car supermarket, has appointed Chris Brown as General Manager in Newport, writes Robin Roberts Chris was the Sales Manager and will oversee the 50-strong team on Newport Retail Park. Motorpoint, the principal sponsor of the world-renowned Motorpoint Arena Cardiff, has been based in Newport for over a … [Read more...]
Tradelines 22 February
Volvo UK is launching a nationwide recruitment drive for 300 new technicians to join its 119-strong dealer network by 2020, in line with the brand's increasing sales and its growing product range. The award-winning S90 and V90 models most recently joined Volvo's impressive line-up, and with more new products set to arrive in the coming years, Volvo aims … [Read more...]
Newslines 21 February: Vauxhall pensions mountain
The pensions deficit at Vauxhall stands at about £1 Billion, Reuters has been told. Peugeot is considering taking over GM's European divisions Vauxhall and Opel, and many multinational companies including Tata Steel have had to deal with increased pension spending, and it could be a factor which influences Peugeot in where to make any possible cuts … [Read more...]
Newslines 20 February
As Welsh Government scrutinises a detailed financial proposal to build the £425M Circuit of Wales, it has emerged that nearly £1M was given by the developers to another consultancy headed by the project's chairman. Michael Carrick set up the Heads of the Valleys Development Corporation, which has received £9M grants and loans from Welsh Government for … [Read more...]
Euro 4 changes impact on bike market, says cap hpi
Changes to emissions directives which came into effect at the beginning of this year are having a significant impact on the motorcycle market according to automotive data experts, cap hpi. Alan Elsworth, Green Book Editor with cap hpi, says that despite the bike market being the most exciting it has been for a long time with manufacturers unveiling new … [Read more...]
Newslines 18 February
Councils want part of the fuel duty ring-fenced to pay for pothole repairs, which they have blamed on the rise in larger lorries. The RAC has been campaigning for this for several years but disputes the LGA assumption the damage is due to bigger vehicles and says it's an historic problem and the alternative would be smaller but more lorries leading to … [Read more...]
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