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Automotive News – Late April 2022

AUTOMOTIVE

Global supply challenges wipe 100,000 cars from UK automotive output in first quarter.

  • UK car production falls -32.4% in first quarter, a decline of 99,211 units on pandemic-affected Q1 2021.
  • Output for March drops -33.4% to 76,900 units, as 4.3% rise in production for the UK fails to offset -41.4% exports decline.
  • As manufacturing costs soar, sector calls for measures to shore up UK’s global competitiveness and secure the UK supply-chain.

UK car manufacturing declined -32.4% during the first three months of 2022, with almost 100,000 fewer units made than in the same period last year, according to the latest figures released today by the Society of Motor Manufacturers and Traders (SMMT). With production volumes still constrained by the ongoing global shortage of semiconductors and other components, 207,347 new cars were built during the first quarter, down from 306,558 in pandemic-affected Q1 2021.

https://www.smmt.co.uk/2022/04/global-supply-challenges-wipe-100000-cars-from-uk-automotive-output-in-first-quarter/

Car makers treble battery range and deliver 15-fold increase in model choice in a decade.

  • Average battery range of vehicles at annual SMMT Test Day grows from 74 miles to almost 260 miles during Britain’s first ‘electric decade’.
  • Industry confirms commitment to zero-emission motoring, from hatchbacks to supercars, as more than 40% of models on the market now come with a plug.
  • SMMT Test Day reflects EV model choice with two in five cars on the track running on a battery or plug-in hybrid powertrain, alongside electric vans, pick-ups, taxis and trucks.

Massive investment by car makers since 2011 means today’s electric vehicle buyers can benefit from a 15-fold increase in choice of model, as well as, on average, more than three times the battery range compared with a decade ago, according to new research by the Society of Motor Manufacturers and Traders (SMMT).

https://www.smmt.co.uk/2022/04/car-makers-treble-battery-range-and-deliver-15-fold-increase-in-model-choice-in-a-decade/

 

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Aston Martin accelerates journey to a world-leading sustainable ultra-luxury business with announcement of ambitious Racing.Green. strategy

 

  • Green. sustainability strategy to be embedded throughout Aston Martin and overseen by dedicated Board Sustainability Committee
  • Accelerating action on climate change with commitment to the Science Based Targets initiative (SBTi) Net-Zero Standard, targeting net-zero manufacturing facilities by 2030 and across the company’s entire supply chain by 2039
  • Clear roadmap to electrification with first hybrid electric car commencing deliveries in 2024, first Battery Electric Vehicle (BEV) targeted for launch in 2025 and fully electrified Sport/GT and SUV portfolio by 2030

 

Aston Martin has hit the accelerator pedal on its journey to becoming a world-leading sustainable ultra-luxury automotive business, with the announcement of an ambitious new sustainability strategy, Racing.Green.

 

https://www.astonmartin.com/en/our-world/news/2022/4/22/aston-martin-accelerates-journey-to-a-world-leading-sustainable-ultra-luxury-business-with-announcement-of-ambitious-racing-green-strategy