News - Page 57
Car production growth shows UK automotive is ‘road to recovery’, says SMMT
Society of Motor Manufacturers and Traders (SMMT) chief executive Mike Hawes has said the UK’s car manufacturing sector is “on the road to recovery” following a 13.1% growth in production volumes in February.
Employers need ‘multipronged approach’ to attract talent into the workforce
Car retailers are among employers who must adopt a “multi-pronged” approach to attracting and retaining workforce talent as the post-COVID job sector reshuffle continues, according to research from McKinsey.
SsangYong signals ‘paradigm shift’ towards EVs and AI with KG Mobility name change
SsangYong Motor Company has indicated that a name change to KG Mobility indicates a “paradigm shift” in the business which will bring a greater focus on electric vehicles (EV), autonomous cars and artificial intelligence (AI).
Inchcape’s ongoing car distribution focus delivers 50% profit growth
Inchcape chief executive Duncan Tait has highlighted the success of the automotive PLC’s “portfolio shift towards distribution” as it reported a near-50% growth in profits in its 2022 annual financial results.