Announcements to safeguard jobs and encourage consumer spending in some parts of the economy are welcome but it’s bitterly disappointing the Chancellor has stopped short of supporting the restart of one of the UK’s most important employers and a driver of growth, said Mike Hawes, SMMT Chief Executive. "The automotive sector has been particularly hard hit, with thousands of job losses already … [Read more...]
New car sales edge upwards
New car sales have started a slow recovery. British new car registrations fell by 35% in June as many dealerships reopened after coronavirus lockdown measures were lifted, but the Welsh and Scottish showrooms' openings were delayed until the end of the month and this affected figures. A total 145,377 new cars were registered in June, leaving accumulated figures down by nearly a half, according … [Read more...]
168,000 automotive jobs under threat say SMMT
One in six jobs are at risk of redundancy without help from the government in restarting production of the automotive sectors, said the Society of Motor Manufacturers and Traders. The SMMT wants emergency funding, permanent short-time working, business rate holidays, and VAT cuts to stem the flow of job losses as showroom reopen and production lines are restarting, it said. About 168,000 people … [Read more...]
Sunday drive: On the road and in the news 7 June
Although the lockdown measures have eased with some people already back at work, or they should be working from home, some schools in England open for some age groups, most car dealerships ready for business with some car manufacturing plants already producing vehicles even if in limited amounts and sporting events happening again under restrictive measures, we are slowly easing back into working … [Read more...]
Newslines 5 June
Passengers might have to pre-book bus and train tickets in future to help prevent the spread of coronavirus, Wales' economy minister has warned. Ken Skates said space on services would be "vastly reduced" for passenger safety but Transport for Wales said passenger numbers have collapsed in ten weeks and social distancing has cut capacity by over 90%. Britain's new car … [Read more...]
EV shocks for dealers
The move towards electric cars is going to be a shock for many car dealers, according to a new survey, writes Robin Roberts. While generally satisfied with manufacturers’ plans to introduce battery electric vehicles and hybrids, they are less happy about dealership costs and how they are going to make money in the longer term. Already coping with new restrictions surrounding working with … [Read more...]
Sunday drive: On the road and in the news 17 May
Another week has gone by and here I am still keeping calm and carrying on despite very mixed messages from our Government about what we can or should do during now it appears slightly relaxed semi lock-down period, says David Miles. But no longer is it the same rules in each of our four domestic countries, so that's really clear. With no sign of new models to road test or press launch events … [Read more...]
Virus spreads to car sales in Wales
Coronavirus chaos hit the Welsh new car market with devastating effect last month. The traditional leaders and also rans have been swept away and replaced by many unexpected models. The successes included supercars in the sales chart compiled by the Society of Motor Manufacturers and Traders. Dealers who managed to take advance orders for new models and get them registered in the first two … [Read more...]
Van delivers biggest sales in April & EV tops car chart
A van has become Britain’s best selling vehicle during the coronavirus lockdown according to the latest figures from the Society of Motor Manufacturers and Traders. While the Mercedes Sprinter delivered for dealers the chaotic charts saw the pure electric Tesla Model 3 top the passenger car list, but even that couldn’t match the Sprinter. Overall, the revious low for car sales was immediately … [Read more...]
Virus shutdown to cost UK automotive over £8B
The British car industry faces losing output worth more than £8 Billion due to the coronavirus outbreak. It suffered a production drop in March of a third and fell to its lowest level since 2009, said the Society of Motor Manufacturers and Traders thursday. Britain’s biggest exporter of goods which employs more than 800,000 people saw factories and dealerships begin to close from mid March with … [Read more...]
- 1
- 2
- 3
- …
- 13
- Next Page »
