November 2014

Monthly Archives

Automotive companies keen on reshoring

New research from Business Birmingham has shown that there is an overwhelming willingness among automotive companies to bring production back to the UK.

However, many automotive companies are failing to reshore production because of engagement issues within the domestic supply chain. For more information click here.

BMW targets record year after strong Q3 and first three-quarter periods

BMW has continued its strong performance well into the third quarter, posting growth in its sales volume, revenues and group earnings figures. The performance underlines the group’s achievements for the year-to-date. For more information click here.

Automotive supply firms in line for £2bn bonanza as industry flourishes

Automotive component firms stand to benefit from a £2bn bonanza as UK carmakers enjoy an unprecedented period of success, industry body the Automotive Council has said. For more information click here.

Automotive industry needs to source more UK-made components

The percentage of UK manufactured components going into British-made cars must increase, industry analysts have said. The amount of British-made components going into UK produced vehicles is only around 35%, much lower than in the rest of Europe. For more information click here.

Record October for BMW and Mini as demand remains strong

Vehicle manufacturer BMW experienced another strong month in October with demand for its products staying high across all its major markets. Global sales for the month were a record for October with a total of 184,297 BMW, Mini and Rolls-Royce sold. For more information click here.

New car registrations up 14% in October as sales exceed 2m for first time since 2007

New car registrations in the UK jumped 14.2% in October to 179,714 units, marking the 32nd consecutive month of growth.The performance means 2,137,910 cars have been registered in the year-to-date – the first time the market has passed two million in October since 2007. For more information click here.

UK car manufacturing falls 6.7% as global uncertainty escalates

The UK car industry for so long the engine of the growth in the manufacturing sector appears to have succumbed to continuing global economic uncertainty. For more information click here.

JLR is driving success of West Midlands property market

The trickle-down effect of Jaguar Land Rover’s continuing success is rippling through the West Midlands property, local property agents Bigwood have said. For more information click here

Mercedes changes approach to its car branding

Mercedes has given further details about the change in approach to its car branding with the launch of its most luxurious ever production car.For so long merely designated by a letter or number, the German company is looking to broaden its appeal across all global markets. For more information click here

Jaguar Land Rover’s new plant likely to boost UK engine production by around a third

The revenue generated by engine manufacturing in the UK is expected to increase by up to £2.5bn in two years, boosted by new developments like the opening of Jaguar Land Rover’s new £500m engine plant. For more information click here

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