Parts suppliers have started 2021 with mixed feelings of optimism and caution. Optimism, because demand for vehicles and components is picking up more rapidly than expected and the appetite for new, innovative technologies is accelerating. Caution, because the scars from 2020 are deep and the level of uncertainty remains high. Thorsten Muschal … [Read more...]
Car making stalls but commercials speed up
UK car production fell by -15.3% in February, with 123,203 units manufactured, according to the Society of Motor Manufacturers and Traders. Declining demand in the UK and in key European and Asian export markets resulted in output falling for the ninth consecutive month. Production for home and export markets dropped year-on-year by -11.0% and -16.4% … [Read more...]
