Manufacturer insight - Page 39
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‘Deeply troubled’ UK car manufacturing sector posts first uplift in 11 months
The UK car manufacturing sector was described as “deeply troubled” as soaring energy costs and competition from the EU tempered optimism following the first uplift in productivity for 10 months.
Addressing 2022’s 50% energy bill increase is carmakers’ ‘number one ask’
Urgent action to address a 50% rise in energy bills is UK car manufacturers’ “number one ask” as the sector seeks help from Government, the Society of Motor Manufacturers and Traders (SMMT) has said.
Polestar EV brand's New York Stock Exchange listing 'an incredibly proud moment'
The listing of the fast-growing Polestar electric vehicle (EV) brand in the New York Stock Exchange has been described as "an incredibly proud moment" by the OEM's chief executive Thomas Ingenlath.
Toyota and Stellantis production falters as supply issue warnings stretch to 2024
Toyota and Stellantis are the latest carmakers to have their manufacturing capacity impacted by component supply shortages as a new report warns that the crisis could continue into 2024.