There are now more than 1 million EVs on our roads accounting for 2-3% of cars in the UK and as this increases millions of EV drivers should beware of five driving offences that could result in big fines and possible penalty points. Motoring experts at ATS Euromaster researched the most bizarre, and potentially unheard of, electric vehicle fines, that you need to be aware of and how much they … [Read more...]
Challenging future for suppliers, says CLEPA president
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...]
UK car makers warn of clash with Canada
The breakdown of trade talks with Canada threatens massive costs for UK car makers exporting there, said the Society of Motor Manufacturers and Traders today. The stalemate on a free trade deal creates the risk of tariffs being imposed on British-made cars sold in Canada. Britain's current deal after Brexit until April means we export vehicles containing EU-manufactured parts to Canada … [Read more...]
EC steel tariffs hitting car industry recovery & jobs, say suppliers
The European Association for Automotive Suppliers is concerned that the European Commission’s proposal to extend the safeguard measure which is restricting steel imports into the EU will hurt the competitiveness of automotive suppliers and put thousands of jobs at risk. Continuing the safeguard measures in a time where steel mills are struggling to meet demand, and prices for steel have reached … [Read more...]
Time for a new approach to selling EVs, says report
A new approach to the likely success of electric vehicles is needed say analysts, who question the claims of the car makers' body in Britain. Tesla became the most valuable car manufacturer for many reasons, from glamour to having the longest-range vehicles. The IDTechEx report, "Electric Vehicles: Land, Sea and Air 2021-2041" gives the big picture. A … [Read more...]
Car makers’ warning on prices after Brexit
There will be severe repercussions for the European motor industry if there is no free trade agreement Britain before the end of the year and motorists will have to pay more for models. That's the stark warning this week from the car makers' body, ACEA, which includes the Society of Motor Manufacturers in Britain, who warned a disorderly future could cost over £101 Billion by 2025. In a … [Read more...]
Tradelines 10 June
Japan wants an end to automobile and parts tariffs in negotiations on a post-Brexit trade agreement with Britain, the country’s trade minister said yesterday. After decades outsourcing its trade policy to the European Union, Britain is embarking on negotiating free trade deals with countries around the world including Japan and 10 other Pacific nations and which must be agreed before 2021. … [Read more...]
Tradelines 26 February
The new DBX SUV has been given the Q-treatment of bespoke luxuries and features by Aston Martin. The Welsh-made luxury car will be shown in its latest Q-code design at next week’s Geneva motor show. Volkswagen's adding a range-topping premium model to its flagship Touareg line – the Touareg R. The versatile model’s 340 kW (462 PS) plug-in hybrid drive offers an innovative blend of superlative … [Read more...]
UK Automotive needs favourable Brexit deal, says SMMT president
The Society of Motor Manufacturers and Traders has urged all parties to put UK Automotive at the heart of their economic and trade policies. Setting out the industry’s priorities for a new government, the trade body called for an ambitious, world-beating Brexit trade deal to maintain the sector’s competitiveness and ability to deliver innovation, productivity and prosperity for … [Read more...]
Car makers rising concerns over Brexit
European Union car-makers have joined forces to warn of billions of euros in losses in the event of a no-deal Brexit. Groups including the European Automobile Manufacturers’ Association, the European Association of Automotive Suppliers and 17 national bodies warned of the impact of “no-deal” and the effect on 13.8 million people in the European Union including Britain. Last week, it was said … [Read more...]