The automotive supply industry is the top private investor in research and development in Europe with €30 billion invested annually and accounts for 1.7 million direct jobs with 39,000 patents each year, said Matthias Zink, CLEPA president, but added that it will face a challenging future. He (right) told memberts of the European Association of Automotive Suppliers that 75% of the value … [Read more...]
Tradelines 19 April
The all-electric British designed MG Cyberster sports car will come to UK in 2024, but may be sold outside the usual dealer network. MG has previously said it believes having a showroom network has been behind its success in recent years, but the first sports model in over a decade may be see another sales avenue created. A swathe of car dealer suppliers are at loggerheads with one of the … [Read more...]
Newslines 1 May
A survey by the Welsh Automotive Forum of local supply chain companies shows 88% expect May turnover to be reduced by more than 50%. Even for July, 38% expect turnover to be 30%+ reduced on pre-COVID-19 levels. RAC patrols rescued some 3,426 motorists whose vehicles may have fallen victim to the UK’s pothole-ridden roads in the first three months of 2020, more than during the same period last … [Read more...]
MEPs underestimate progress cleaning up transport, claim
The environment committee of the European Parliament called for stricter CO2 targets for passenger cars and vans than proposed by the European Commission and a threshold in addition to incentives for sales of low and zero emission vehicles. “Automotive suppliers fully support the objective of reducing emissions and are proud to deliver the technology to achieve it. However, the sector calls for … [Read more...]
Newslines 18 June
Extended 50mph speed limits begin on the M4 today. They will also apply on selected roads in South and North Wales in a bid to reduce exhaust pollution by smoothing out traffic flow and reducing speed. The Severn Tunnel will be closed for the next three weeks. It will add about 40 mins to rail times around Gloucester while essential work is undertaken to electrify services, but some … [Read more...]
Newslines 26 September
Aston Martin is joining forces with Red Bull Racing on the track. The luxury car maker and F1 team have already collaborated on a very high performance sports car, the Valkyrie (right) and more models will follow, but their future engines are expected to appear in GP as well following the establishment of a Advanced Performance Centre with 110 new jobs at Milton Keynes. Analysis of call outs … [Read more...]