US tariffs are damaging to UK car producers. The UK body responsible for car sales, the Society of Motor Manufacturers and Traders ceo Mike Hawes had this to say about the US tariffs, "The announced imposition of a 10% tariff on all UK products exported to the US, whilst less than other major economies, is another deeply disappointing and potentially … [Read more...]
Luton shut-down raises more fears
Last week's announcement that the Luton van plant will close in April with the loss of about 1,200 assembly jobs and thousands more in the supply chain has starkly brought home the issues facing the automotive sector and the components supply industry is struggling to survive as well. Ford plans to cut 800 UK jobs among 4,000 going in Europe and Nissan has … [Read more...]
Welsh firms are failing to prepare for ev-age
Welsh businesses are Britain's least prepared to make the switch to electric vehicles, according to analysis by Moneyshake vehicle leasing. It looked at the Department for Transport and Driver and Vehicle Licensing Agency's vehicle licensing statistics to reveal the areas in Britain where businesses are most and least prepared for an EV future when new … [Read more...]
