British Finance Minister Rishi Sunak will rescue companies seen as strategically important on a “last resort” basis after other options run out. The Treasury told Reuters late on Sunday it may try to save those companies whose failure will “disproportionately harm the economy” and that could include Jaguar Land Rover which has been reported as seeking massive assistance to offset losses due to … [Read more...]
Cardiff’s luxury line-up revealed
A survey of supercar owners in Wales has thrown up a few surprises. Grange vehicles conducted an FOI request to the DVLA on supercar ownership to find out which luxury brands are the most popular with men and women across the country. It looked at popular brands including Aston Martin, Bentley, Bugatti, Ferrari, Lamborghini, Maserati, McLaren, and Porsche. The data has also … [Read more...]
Sunday drive: On the road & in the news 10 May
I’m still keeping calm and carrying on sifting through the latest automotive news items and press releases pinging into my Inbox, writes David Miles. Whilst the COVIC-19 news is not good there are some brighter worthwhile snippets of information worth passing on. New life goes on - Toyota Corolla proves reliant for Robins We motoring journalists during the lockdown period are without test cars … [Read more...]
AM St Athan begin return to work early next month
Aston Martin’s St Athan factory will begin to return to normal later than initially thought and resume DBX suv production on 5 May. Work at the company’s UK headquarters site in Gaydon will begin later in the month. The majority of its employees are currently furloughed and those who continue to be laid off from 1 May will get 80% of their base salaries from next month. It has also announced … [Read more...]
Global collapse of van production to be felt for 2020
Global commercial vehicle production volumes in 2020 compared to 2019 are forecast to be down 22 percent , some 650,000 units to 2.6 million units, in the wake of the COVID-19 pandemic, according to the most recent analysis from IHS Markit. Individual regional forecasts are set to a downtrend, and supply chain impacts are being felt, as the consequences of the virus have shuttered … [Read more...]
Newslines 20 April
Aston Martin is extending by a week production stoppages at its St Athan DBX plant until 27 April. Production will be suspended from today when it planned to restart because of the current global and local position concerning suppliers and employees, Aston Martin confirmed and Britain's biggest automaker, Jaguar Land Rover, has not set a date for restarting while Nissan said that the production … [Read more...]
Warning for motor industry future as Aston Martin take orders
The jobs of at least 1,110,107 Europeans working in automobile manufacturing are affected by factory shutdowns as a result of the COVID-19 crisis, according to data compiled by the European Automobile Manufacturers’ Association. This figure only refers to those people directly employed by car, truck, van and bus manufacturers – the impact on the wider automotive supply chain is even more … [Read more...]
Aston Martin St Athan hit by virus fallout
Aston Martin Lagonda has suspended vehicle production at its plants in the UK, including at St Athan, home of its DBX crossover. The company, headquartered in Warwickshire, made the announcement today, and said the decision to halt production – for a scheduled four weeks – from tomorrow was in response to the Covid-19 (Coronavirus) pandemic. Aston Martin’s President and Group CEO, Dr Andy Palmer … [Read more...]
Auto Vivendi add more Aston Martins to stable
Auto Vivendi, one of the UK’s leading providers of supercar-related lifestyle experiences, has taken delivery of six Aston Martins at the company’s sports car home and global headquarters, Gaydon. The six Aston Martins comprise Vantage, DB11 Volante, DBS Superleggera and three DBS Superleggera Volantes, and account for 25 per cent of Auto Vivendi’s collection of cars amassed by … [Read more...]
Tradelines 26 February
The new DBX SUV has been given the Q-treatment of bespoke luxuries and features by Aston Martin. The Welsh-made luxury car will be shown in its latest Q-code design at next week’s Geneva motor show. Volkswagen's adding a range-topping premium model to its flagship Touareg line – the Touareg R. The versatile model’s 340 kW (462 PS) plug-in hybrid drive offers an innovative blend of superlative … [Read more...]