With up to 75% of the value of vehicle components made in Europe, the continent’s automotive supply industry generates substantial economic value and supports hundreds of thousands of jobs, but it's under serious threat. Yet Europe’s automotive suppliers are issuing a stark warning based on a recent study of European value creation: without urgent and … [Read more...]
Wales can power future automotive innovation
As the world becomes more interconnected, it’s tempting to assume globalisation alone can deliver resilience, efficiency, and innovation, says Dana Williams, Project & Operations Manager, Welsh Automotive Forum in a newsletter to members before the annual Autolink network meeting in Cardiff on 13 May. And while international collaboration will always … [Read more...]
Green motoring costs 10-times estimates
The real cost of a green transport policy is up to ten times initial estimates according to the latest analysis. The Euro 7 proposal on pollutant emissions would lead to direct cost increases that are 4 to 10 times higher than those cited by the European Commission, according to a new study. The proposed Euro 7 regulation will increase the manufacturing … [Read more...]