Brexit

UK car sales fall for fifth month running 0

August saw UK new car sales fall for the fifth month in a row, demand for diesels in particular dropped by more than a fifth. Figures released by the Society of Motor Manufacturers and Traders (SMMT) showed there were 76,433 new car registrations last month. This marked a drop of 6.4% from the same time(…)

Nissan Sunderland plant set to increase production by a fifth 0

Nissan have announced they are to increase production by a fifth at its Sunderland plant in an attempt to offset higher costs following the UK’s decision to leave the EU. The Japanese company will also double the amount of parts purchased from domestic sources. Production will increase by 20% to around 600,000 vehicles per annum.(…)

Drop in car production hits UK industrial output 0

UK industrial production dropped in the second half of 2017, the latest figures have revealed. The numbers, revealed by the Office for National Statistics (ONS), saw industrial output fall by 0.4%, most due to a 0.6% drop in production. This was primarily down to a 3.6% drop in the production of transport equipment, including motor(…)

Motorists consider true cost of Brexit 0

For UK motorists, Brexit has opened a can of worms. Inevitably, EU trade tariffs will see the cost of cars rise, along with service and repair bills, but many motorists also believe the UK’s departure from the EU will see a whole lot of other expenses increase in price. A new survey by online car(…)

New car sales fall as Brexit uncertainty hits market 0

Last month saw the UK’s new car market slumped by almost 10%, industry figures have revealed. Diesel sales in particular were down by a fifth. The drop is believed to have been caused by uncertainty over Brexit and marks the fourth consecutive months where sales figures have slumped. Despite conventionally vehicles faring badly, the sales(…)

UK car production falls almost 10% 0

A sharp drop in the amount of cars produced in the UK last month has been blamed on manufacturers preparing their production lines for a glut of new models. This is the second month in succession that vehicle assembly has slowed in the UK. Since the Brexit referendum this time last year, the car sector(…)

UK cars are becoming more British – but still lag behind Euro rivals 0

Vehicles manufactured in the UK are steadily becoming more British, justifying the push to increase the amount of domestically produced components. In a new study by the Automotive Council, it was revealed that 44% of the parts and components used to manufacture the 1.7 million cars rolling of UK production lines were also made domestically.(…)

Brexit: Motorists are backing a trade agreement and more UK factories 0

UK motorists are no longer fearing the worst when contemplating the automotive industry in a post-Brexit Britain with thousands looking forward to opportunities such as free trade, British-made cars and better jobs. A new study conducted by Servicing Stop, asked more than 1,600 motorists about what they think might happen once Britain leaves the European(…)

Toyota to invest £240 million into UK plants 0

In what comes as welcome news amongst the post-Brexit uncertainty, Japanese car giants, Toyota, have announced they are set to invest £240 million upgrading their UK car plant. The plans show a commitment by the manufacturer to remaining in Britain once the country has departed from the EU. The investment is met by an injection(…)

2016 – a record year for UK new car registrations 0

2016 saw a whopping 2.7 million new cars registered; though experts are predicting a fall in 2017, as Brexit negotiations start to bite. Last year was a record breaking year for registrations, but the pound in its current weaker position, plus the impending exit talks should see an end to the boom, experts are predicting.(…)