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UK spends £21.1 billion on servicing and repair
- 07/06/2016
- Posted by: Simon Wait
- Category: News
UK motorists spend a collective £21.1 billion a year on servicing and repair, according to a new report published today by the Society of Motor Manufacturers and Traders (SMMT). The report, The Importance of the Aftermarket to the UK Economy, commissioned by SMMT from independent research consultancy Frost & [...] -
Kids go free
- 19/06/2015
- Posted by: Simon Wait
- Category: News
Almost three in five (59%) British parents with children aged 17-25 contribute financially to their child’s motoring costs, according to research revealed today by Kwik Fit. The average contribution towards these motoring costs is £381 per year, resulting in a total annual cost to the nation’s parents of [...] -
Prodrive secures orders worth £5m
- 18/05/2015
- Posted by: Simon Wait
- Category: News
Banbury based motorsport and technology business, Prodrive Composites, has won projects worth more than £5m on four new British sports cars. The cars will be built in the UK by three different vehicle manufacturers and Prodrive will supply a range of composite components as a tier one supplier. New manufacturing [...] -
Increased demand for British engine exports
- 23/04/2015
- Posted by: Simon Wait
- Category: News
230,634 engines made in UK this March, up 0.3% with year-to-date output stable. Positive month for British engine exports, with overall demand up by 2.7%. Bright future for sector with investments set to be realised throughout the year. ‘Engine manufacturing has seen a stable first quarter, [...] -
Caterham announces record exports
- 17/04/2015
- Posted by: Simon Wait
- Category: News
British sportscar maker, Caterham Cars, has announced the most successful export year in its 42-year history. In 2014, Caterham sold 345 vehicles to customers outside of the UK, an increase of 6% on its record breaking export figures for 2013. Export sales have comprised well over 50% of Caterham’s total [...] -
Surge in British-sourced components
- 13/03/2015
- Posted by: Alan Feldberg
- Category: News
British cars are being made with more British-sourced components as the UK automotive industry’s renaissance continues apace, new research reveals today. Figures from a new Automotive Council report show that domestic component makers sold 19% more products to UK vehicle producers last year than in 2013. The [...]