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Tag Archives: Brexit
Debt to Watch as Covid Spreads – New FCA Bank Notes
AutoInformed thinks it too reflects the uncertainty in global economies as Central Banks – led by what some say is a printing-press happy US Treasury – have pushed interest rates on government debt to virtually zero. Continue reading
Brexit – UK Car Production Declines -10.6%. Exports Hit
British car manufacturing output declined -10.6% in July, with 108,239 units produced, according to figures released by the Society of Motor Manufacturers and Traders (SMMT). This was the 14th successive month of decline as ongoing weakness in major EU and … Continue reading
Posted in economy, fools 'n frauds, transportation
Tagged auto industry commentary, autoinformed.com, automotive blog, Boris Johnson, Brexit, eu, Ken Zino
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Brexit Bloody Hell! Now Stock Exchange Issues
Well, it seems that there are risks posed by jurisdictional share trading obligations, which “could increase market fragmentation and impose unnecessary costs on investors,” the SEC said in a whistling past the graveyard observation. Hell, it’s not even clear that the UK can continue to be a key market for funds and fund managers in the United States. Continue reading
Doomsday? No-Deal Brexit Impact on UK Light Vehicle Market
If the UK leaves the EU without a deal, then the LMC assumption would be that vehicles exported to the EU from the UK would be subject to a tariff of 10% as the UK would, by then, have become a ‘third country’ under EU trade rules. Continue reading
Cars for Cheese? EU Turning Point in Japanese Localization
In 2018, the three UK Japanese transplants of Nissan, Toyota and Honda collectively produced over 730,000 cars, which represent almost half of all Light Vehicles built in Britain. Continue reading
British Car Manufacturing Declines -19.6% In November
While home production fell by -1.9% in the month, exports experienced a steeper -22.8% drop – falling for the fifth month in a row. Just over 105,000 cars were exported to global markets in November, still representing some eight in every 10 cars leaving British factories. Continue reading
No Deal Brexit to Cost UK Auto Sector £9 Billion Per Year
It’s not only angry Trump voters who are self-destructive, the UK under the Brexit fiasco is about to lose £9 Billion a year due to a conservative Republican-like temper tantrum that will materially hurt middle class workers, as well as society as a whole. Continue reading
Posted in economy, financial results, news analysis, sales
Tagged auto industry commentary, autoinformed, autoinformed.com, automotive blog, Brexit, connected vehicles, honda, jaguar land rover, Ken Zino, lmc automotive, new vehicle reviews, nissan, psa group, toyota, UK light vehicle production, Vauxhall/Opel
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Significant Obstacles Hinder Automation of Truck Transport
Findings reveal – not surprisingly – that transport companies are concerned about macro global issues. More than (57%) see geopolitical uncertainty as the biggest threat facing the sector – from escalating international trade wars to growing concerns around Brexit. Continue reading
EU September Passenger Car Sales Plummet
ACEA claims this should not come as a surprise, as the introduction of the new WLTP test at the beginning of last month caused an exceptional surge in registrations in August (+31.2%). As a result, most EU countries suffered double-digit losses in September, including the five major markets. Continue reading
GM to Announce Sale of Opel/Vauxhall this Monday with Investors’ Call and a Press Conference
If the deal goes through, it would mean GM’s presence in Europe would be limited to niche sales of Cadillac, and Chevrolet Camaro and Corvette models – all of them exports. PSA is the third largest automaker in Europe behind Renault. Volkswagen Group leads in Europe PSA Group’s sales were 1,930,000 vehicles and increased by 3.6% in 2016. In 2016, global sales increased by 5.8%, to 3,146,000 units. Continue reading
Jaguar Land Rover Largest Automaker in Britain
How this works out under Brexit rains to be seen. The importance of the UK market varies substantially for different automakers. Jaguar Land Rover, Honda and Ford have “strong exposure to risks,” says LMC. Continue reading
Posted in manufacturing, news analysis, sales
Tagged autoinformed, autoinformed.com, Brexit, jaguar land rover, jlr, Ken Zino, Trump border tax
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Win, Win? GM to Sell Opel to PSA
The combined volume of the groups could exceed current second-placed Renault-Nissan but would still be well short of market leader VW group. Continue reading
Nissan to Start Autonomous Vehicle Tests in London
One in three cars built in the UK is a Nissan, but following the Brexit dustup (Brexit Automaker Winners, Losers – Predictable and Surprising, ‘Bloody Hell,’ What Does Brexit do to Automakers?), it’s not clear Nissan will stay in the UK. Continue reading
General Motors President Daniel Ammann Sells 10,000 Shares
While GM execs have been trying to talk up the stock price, the trading record is much less optimistic. The range of share prices peaked at more than $40 per share in December of 2013, but has been languishing in the $35 range recently. Continue reading
Posted in financial results
Tagged autoinformed, autoinformed.com, Brexit, GM financial results, gm stock price, Ken Zino
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JLR to Use Irish Smart City Hub for Self-Driving Tests?
Timing is everything. Amid the Brexit disaster, Jaguar Land Rover is working with global software, mobility and telecoms companies to create a smart city hub in Ireland. If this ever comes about on the scale envisioned, it will allow real-world testing of connected technology where self-driving vehicles share the streets with cars, pedestrians and cyclists. The testbed will be in the Limerick-Shannon metropolitan area at Shannon Free Zone, Shannon, Co. Clare. The future of Irish trade, political sovereignty and access to the EU is dependent on the resolution of Brexit. Jaguar Land Rover is the UK’s largest automotive manufacturer. Continue reading →