Britain has outlined how it plans to trade with the world after it leaves the European Union at the end of 2020. It will replace the European Union’s external tariff with a 10% duty on cars but cut tens of billions of pounds of supply chain charges. This will pave the way for trade deals with the United States and the Brussels-based bloc, helping JLR in particular compete with Audis and … [Read more...]
Huge decrease in global car sales over a month
The outbreak of COVID-19 has already impacted the automotive industry significantly, according to JATO Dynamics, a leading provider of global automotive data and insight. Global vehicle sales totalled 5.55 million units in March 2020, down by 39% from March 2019. This represents the largest year-on-year monthly decrease since 1980, when JATO Dynamics started to collect data - even surpassing the … [Read more...]
Volvo’s new horizons
Volvo Cars has its eyes firmly set on the future as it celebrated the 10-year anniversary of its acquisition by Zhejiang Geely Holding on 28 March. The company has seen a complete transformation of its business under Geely ownership, changing from a purely European firm to a truly global and strong player in the premium car market, racking up record sales, revenues and profits along the way. As … [Read more...]
Newslines 17 January
Toyota will use the Geneva motor show in March to unveil its concept for a new small SUV due to go on sale in about 12 months. Based on the forthcoming new Yaris platform and assembled in northern France, the un-named model will sell along with a new plug-in hybrid RAV4, the company said this week. European car-makers reported an overall 21% rise in December registrations as buyers filled … [Read more...]
Newslines 27 August
BMW, Mercedes, Tesla and Ford models made in the USA and exported to China will be more seriously affected as a trade war escalates. China’s counter measures to the US tariffs rising will take effect on 1 September and more will be rolled out on 15 December. VW is cleaning up its act and business in the wake of the 2015 diesel emissions scandal which has cost it about €30 Billion. The VW staff … [Read more...]
World’s safest & dangerous roads revealed
Road safety is an issue that costs the world billions and claims hundreds of lives every year and if driving abroad this year you'll want to know how safe it is where you're going. According to the World Health Organisation, road traffic injuries are the leading cause of death for children and young adults aged 5-29 years and car crashes cost most countries at least 3% of their gross domestic … [Read more...]
Newslines 8 March
The forthcoming Aston Martin DBX going into production in Wales later this year has been undergoing cold-weather testing in Sweden's arctic circle. Pirelli’s R&D Sottozero Centre at the Flurheden Proving Ground provides a range of extreme environments, from snowy roads to ice handling courses, allowing Aston Martin’s vehicle dynamics specialists – led by Aston Martin Chief Engineer Matt … [Read more...]
Newslines 24 August
As many as 14.4m cars are expected to take to the country’s major roads from today to bank holiday Monday, according to research of drivers’ intentions conducted by the RAC and INRIX. Some 11.2m people plan to get away but another 3.2m say they will are at present undecided as to which day they will be travelling on. With families across the UK keen to take advantage of the final days of … [Read more...]
