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 […]
AUTOMOTIVE Luxury car maker Jaguar Land Rover (JLR) expects the global microchip shortage – which has constrained production levels – to ease throughout the next fiscal year. This follows comments by BMW chief executive, Oliver Zipse, last week, who said he expects to see an improvement in supplies, by next year at the latest. JLR, […]
AUTOMOTIVE The Society of Motor Manufacturers and Traders (SMMT) said today a relocation of car manufacturing back to the UK would be “good news” for the sector. “If supply chain resilience provides the opportunity to reshore more of the supply chain in the UK, we would certainly support and encourage that,” SMMT’s chief executive Mike […]
AUTOMOTIVE Ford has accelerated its electric vehicle plans for Europe, launching seven new models, announcing a battery gigafactory in Turkey, doubling investment in Germany and the phasing out of emissions from vans by 2035. The US manufacturer had previously pledged to make all cars in Europe electric by 2030 but had not set an end […]
AUTOMOTIVE Supply chain shortages squeeze January car output but EV surge brightens outlook UK car production falls -20.1% in worst January since 2009 with 68,790 units leaving factory gates. Production for overseas and domestic markets down -17.5% and -30.8% respectively. Battery electric vehicle production up a third, with one in 11 cars rolling off factory […]
AUTOMOTIVE Jaguar Land Rover Automotive plc has received a £500million Export Development Guarantee which will support the research, development and export of Battery Electric Vehicles, International Trade Secretary Anne-Marie Trevelyan announced on the 31st January 2022 UK Export Finance (UKEF) guaranteed 80% of a new £625million loan from 12 commercial banks, under its Export Development […]
AUTOMOTIVE A dismal year for UK car output but investment recovery and electrified charge brighten outlook Car production falls -6.7% to 859,575 units due to multiple factors, most Covid-related. UK electrified vehicle output surges, up 29.6%, to more than a quarter of production. Factories turn out record number of battery electric vehicles, volumes up 72.0%. […]
AUTOMOTIVE Jaguar Land Rover’s worldwide sales have continued to be hit by the global shortage of semi-conductors. Although the luxury car group started to see some improvement in microchip supply, sales for the last three months of 2021 were down 13.6% on the previous quarter at 80,126. Jaguar sales were down 25.2% at 14,407 and […]
AUTOMOTIVE Plug-in car performance holds steady despite overall registrations falling -24.6% 106,265 new cars registered in October, a -24.6% fall on last year and the weakest October since 1991. Plug-in vehicles now account for 16.6% of all cars registered so far in 2021. Chip shortages and tax rises mean industry expects to finish year on […]
AUTOMOTIVE UK automotive car production falls -41.5% in September British car production falls -41.5% in September with 67,169 units leaving factory gates. Global chip shortage continues to plague production costing suppliers more than £2.4 billion. Better news for battery electric and hybrid car manufacturing as almost a third of all cars made in UK are […]
