SMMT analysis published today reveals the scale of Wales’ contribution to UK Automotive, with the sector directly supporting 7,000 jobs – representing one in 20 UK automotive workers – sustaining skilled livelihoods and generating £477 million for the economy. The findings come as senior leaders from industry, Welsh Government and the defence sector gather … [Read more...]
Welsh plant changes hands in $3.7 billion deal
Meritor Cwmbran heavy vehicle components' plant has been bought by Cummins as part of a $3.7 billion global deal. In March last year, Meritor Cwmbran won support for a £31.9 million project to develop lightweight electric powertrains for heavy goods vehicles in the latest round of R&D funding guided by the Advanced Propulsion Centre. The two American … [Read more...]
TVR apply to convert Rassau building into car plant
TVR has moved closer to building its new Griffith supercar after a planning application to refurbish the existing factory site has been submitted. According to Business News Wales, an application was submitted to Blaenau Gwent County Borough Council for a former board factory on the Rassau Industrial Estate, Ebbw Vale. A Welsh building firm has been … [Read more...]
