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Wholesale recovery still ‘months away’
- 08/11/2021
- Posted by: Alan Feldberg
- Category: News
A new report has found that while the automotive wholesale market has shown signs of recovering recently, a return to normal is still months away. This is according to Cox Automotive, which has warned businesses to prepare for more difficult times ahead. Philip Nothard, strategy and insight director, said: "We [...] -
IMI names new non-execs
- 02/11/2021
- Posted by: Alan Feldberg
- Category: News
The Institute of the Motor Industry has announced that Ian Plummer, commercial director of the Auto Trader, and Chris Mason, CEO of FISITA, the international membership organisation, have joined the professional body as non-executive directors. Vice president, Sarah Sillars OBE, said: “As the net zero targets are [...] -
Vehicles identified as UK’s number one export
- 13/10/2021
- Posted by: Alan Feldberg
- Category: News
The Society of Motor Manufacturers and Traders (SMMT) has published a new report that confirms vehicles are the UK’s single-most valuable trade export. Vehicle export revenues reached £27bn in 2020, making them more valuable to the UK than power-generating machinery and gold, even during a year when the global [...] -
Chips are down for CV production
- 01/10/2021
- Posted by: Alan Feldberg
- Category: News
UK commercial vehicle (CV) production dropped to 3,179 units in August. The Society of Motor Manufacturers and Traders (SMMT) reported that production decreased by 35.1% compared to the same month in 2020, ending five months of consecutive growth. Despite the year-to-date production of CVs in 2021 increasing by [...] -
Fleets leading sustainability shift
- 20/09/2021
- Posted by: Alan Feldberg
- Category: News
The 22nd Sustainability Report has found that fleet average carbon emissions reduced by a record-breaking 11.8% in a single year. The report found that the past two decades have seen the UK automotive sector maintain its position as one of the country’s most important economic assets. Turnover is up 25.7% since [...] -
Vella Group partners with Manchester charity
- 13/09/2021
- Posted by: Alan Feldberg
- Category: News
The Vella Group has partnered with Manchester Young Lives to encourage young people in the area into the automotive aftermarket. The group chose to partner with the charity in order to provide advice, support, and work placements to young people in the area who need some additional help to get into [...] -
Engine production misfires in July
- 31/08/2021
- Posted by: Alan Feldberg
- Category: News
Automotive engine production in the UK fell more than a quarter in July. According to figures from the Society of Motor Manufacturers and Traders, engine production declined 27.5% in the month, with just 127,922 units made. Year-to-date engine manufacturing has increased by 6.8% to 1,058,792 units but it remains [...] -
HGV registrations rally but remain below pre-pandemic levels
- 16/08/2021
- Posted by: Alan Feldberg
- Category: News
New heavy goods vehicle (HGV) registrations increased by 128.7% in the second quarter of 2021, but remain more than 20% below the five-year average. This is according to figures released by the Society of Motor Manufacturers and Traders (SMMT). The increase saw some 9,493 units registered, up from 5,342 in [...] -
New platform generates 21,000 aftermarket repair jobs
- 03/06/2021
- Posted by: Alan Feldberg
- Category: News
The LKQ Euro Car Parts online platform Fit it for Me has sent more than 21,000 jobs into the independent aftermarket in the year since its launch. The platform allows drivers to choose from a network of approved garages when buying parts. Drivers pick the parts they need on the LKQ Euro Car Parts consumer website, [...] -
‘Car market cadence creates opportunities’
- 04/08/2015
- Posted by: Simon Wait
- Category: News
Following five years of unprecedented light vehicle production growth in North America where volumes essentially doubled to more than 17 million units, the industry will face the challenge of slower growth rates through the balance of the decade. Required advances in technology, stiffening legislation, tightening [...]