In this special feature, leading international Welsh economist Prof Garel Rhys looks at what the introduction of the new Vauxhall Astra will mean for the UK and the rival models and brands. Britain’s sleeping giant in the automotive industry is about to wake up. Of the seven volume brands making cars in the UK (Nissan, Toyota, Honda, MINI, Land Rover, … [Read more...]
MotorGB is booming success
Figures from the Society of Motor Manufacturers and Traders confirm the growing strength and vitality of the UK automotive industry and its ascendancy as a major global player. SMMT’s 16th annual Sustainability Report confirms the sector is breaking new records, with turnover hitting an all time high of £69.5 billion in 2014. Manufacturing output, … [Read more...]
UK car making stalls as ranges update
UK car output went down 1.2% to 127,385 in January, as manufacturers prepared for new models, but European sales are rising. Outlook remains positive for 2015 with manufacturers set to realise £7 billion-worth investment in new products and facilities and many will be shown at next month’s Geneva motor show. January 2015 output 16% higher than month’s … [Read more...]
