In an industry so fundamentally globalised, it is no exaggeration to say that the automotive world is standing at a crossroads, says Sigrid de Vries, director general of Europe's car makers' body. Tariff tensions between Europe, the United States and China, supply chain disruptions, and intensifying competition are reshaping global dynamics.And it’s clear … [Read more...]
Newslines 4 February
New import tariffs imposed by the US Trump administration are due today. They include 25% tariffs on goods from Mexico and Canada that would include automotive components and vehicles while goods imported from China would attract a 10% tariff and experts say it could cut US car sales by a million units over 12 months. Motorists are being urged to "love … [Read more...]
Newslines 11 October
Barry Island is seeing a proper tidy rise in customers as new trains and the return of some old favourites give the area a welcome boost. More than 100,000 people caught the train to the Island in July and August, a huge rise from 57,000 the previous year and some of that's put down to filming the final Christmas special of Gavin and Stacey comedy … [Read more...]
Newslines 21 June
The final Jaguar F-Type has rolled off the Castle Bromwich production line, ahead of the brand's move into low-volume electric luxury cars. The last F-Type was assembled exactly 50 years after the final E-Type, with its specification referencing its ancestor and on-line retailer Cinch has already reported a spike in searches for the model, which is likely … [Read more...]
Parts suppliers struggling and issue warnings
The European automotive supply industry, a vital pillar of the EU economy, is confronted with volatility and uncertainty from both their customers and upstream suppliers. Despite facing substantial headwinds, industry players maintain a cautious optimism, navigating through challenges and strategising for transformation. High levels of uncertainty … [Read more...]
Newslines 2 January
China's biggest electric car maker in the world, BYD, announced the next stage of its European strategy with the construction of a massive manufacturing and production centre in Szeged, Hungary. The state-of-the-art facility will be the first of its kind built by a Chinese automotive company in Europe and will have a highly advanced car production line as … [Read more...]
Tradelines 15 November
A new fully electric premium MPV, the Volvo EM90 with a range of about 450 miles, will broaden the appeal of the brand and meets even more customer needs. Following the reveal of the already award-winning and fully electric EX30 small SUV earlier this year, the EM90 represents the second expansion with more space and features and will initially be launched … [Read more...]
Newslines 3 November
Mid and West Wales has the lowest ratio of car thefts to population in Britain, said Go.Compare. Its analysis of crime data reveals Dyfed-Powys police marked up just 0.49 thefts per 1,000 registered cars compared to the highest of 12.67 per thousand in Cleveland, with the Ford Fiesta the most stolen model. Around 60,000 vehicle owners a day are paying the … [Read more...]
Tradelines 18 October
Honda Motor and Japanese trading house Mitsubishi Corporation will join forces to explore new business opportunities in the electric vehicle battery segment, according to local reports. The news came shortly after Toyota announced an alliance with Japanese energy group Idemitsu Kosan to develop solid state batteries for EVs, reports GlobalData. Sinclair … [Read more...]
Oil is not in short supply, says environmental group
Since the EU imposed sanctions on Russia, there has been a redrawing of the global oil map, according to a new study . Instead of cutting demand, Europe has simply replaced imports from Russia with oil from other producing countries. Transport & Environment (T&E), who carried out the study, says the EU is missing a historic opportunity to cut oil … [Read more...]
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