Canada, the European Union, Japan, Mexico and South Korea met in Geneva to discuss how to respond to threats by US President Donald Trump to impose tariffs on U.S. imports of autos and car parts. It was not immediately clear what kind of response the countries could be looking at, but they may impose their own tariffs or fight the United States at the … [Read more...]
Brexit bombshell for business, say car makers
A no-deal Brexit is not an option for Britain’s car industry, the car makers' have warned. Mike Hawes, chief executive of the Society of Motor Manufacturers and Traders, said carmakers were “increasingly concerned” about the lack of clarity around departure from the European Union. With less than eight months until the divorce is due to take place, … [Read more...]
DfT faces £180M BREXIT bill over 4 years
The Department for Transport is planning to spend £180M on BREXIT planning over the next four years. It is making a determined effort to ensure the UK transport system is fully prepared for EU Exit, however the challenge ahead is complex and there is a considerable amount to achieve to ensure the best outcome for UK passengers and road users beyond March … [Read more...]
Newslines 17 July
Opel will give evidence to German authorities investigating emissions tampering. About 60,000 diesel models with Euro6 engines are thought to be affected and NOx limits are reported to be ten-times statutory levels. Bosch has been ordered to hand over e-mails with Porsche over software settings for engine management. Investors taking court action … [Read more...]
FTA wants clarity not confusion before BREXIT
Britain's Government must explain and take steps to keep the nation's trade moving efficiently post-Brexit or face delays and shortages of the products and services the UK relies on. That’s the stark warning from the Keep Britain Trading conference in London, organised by the Freight Transport Association. Leigh Pomlett, the organisation's President … [Read more...]
Newslines 1 June
Mercedes-Benz has further expanded the E-Class range with a host of new petrol and diesel engines. The Mercedes-AMG E 53 4MATIC+ Coupé is available to buy from £62,835, while prices for the Cabriolet start at £69,285. Pricing for the CLS 53 4MATIC+ starts at £74,050. A significant milestone passed yesterday as the ‘key’ to the building that will house … [Read more...]
Newslines 26 May
A dramatic ramp up of hydrogen powered cars is planned by Toyota. It will build a new fuel cell manufacturing facility near its Toyota City headquarters, and a second plant making pressurized tanks nearby in Shimoyama plant, from 2020 to supply about 30,000 hydrogen vehicles annually. America is threatening to review car imports again. This time … [Read more...]
Lots to sort in BREXIT talks, says FTA
The announcement of a Brexit transitional period ending in December 2020 will be a welcome relief for manufacturing and retail businesses exporting and importing from the EU, according to the Freight Transport Association. However, FTA has warned that there is still much to agree on the detail of the UK's departure from the European Union, and the EU's … [Read more...]
Car makers want reverse from Brexit cliff-edge
The UK automotive industry has called on government to seek an interim arrangement with the EU that would maintain membership of the single market and customs union until a final agreement on a new relationship with the EU is negotiated and implemented. The sector accepts that the UK will leave the EU and fully supports a bespoke and comprehensive … [Read more...]
Trump could be good for UK automotive interests
Wales's leading international automotive economist believes Donald Trump's election as US President will be good for the British car industry. Donald Trump’s US Presidential victory has Europe’s car makers worried but Prof Garel Rhys, former head of Cardiff Business School, says the election will have an unexpected … [Read more...]
