The UK automotive sector remains on course to deliver its lowest new car registrations total since 1982, despite a 26.4% growth in October, the Society of Motor Manufacturers and Traders (SMMT) has said.
Britishvolt’s £3.8 billion plan to create an electric vehicle (EV) battery production plant in the North East could be on the verge of collapse after a Government funding knock-back, reports suggest.
The Office for Zero Emission Vehicles (OZEV) has temporarily extended the plug-in car grant delivery period from 12 to 18 months – ending the threat of thousands of potential lapsed claims.
Institute of the Motor Industry (IMI) policy manager Hayley Pells has called for Government to add the automotive sector on the UK’s Shortage Occupation List in an open letter to Secretary of State for Transport.
An “extremely tough and uncertain economic environment” for car manufacturers has overshadowed a 34% recovery in productivity during August, the SMMT has said.
The Chancellor of the Exchequer Kwasi Kwarteng has announced £45 billion of tax cuts in a ‘mini’ budget set to cost the exchequer around £100bn.
The Bank of England has raised the UK interest rate by 0.5ppts to 2.25% in spite of Monetary Policy Committee (MPC) uncertainty over the best approach to stem inflation.
Car retailers will have their energy prices capped as part of a six-month business support plan outlined by Business Secretary Jacob Rees-Mogg today (September 21).
New Prime Minister Liz Truss has told the House of Commons that the “most in need” UK businesses will receive support to tackle soaring energy bills.
Independent garages will be offered a free energy use audit as part of a new scheme launched by the Independent Garage Association (IGA) to help businesses tackle soaring costs.
Motorists have been advised that Government’s target to deliver the widespread roll-out of driverless cars on UK roads from 2025 are “not going to happen”, despite new investment in the technology.
Over a third of motorists plan to abandon their cars in favour of public transport if fuel prices continue to rise above their current average of over £100 for a tank of petrol.
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.
The domestic electric vehicle (EV) smart charge points that become compulsory on UK homes from this week could usher in a new era of travel taxation and energy rationing, it has been claimed.
Stellantis UK boss Paul Willcox has asserted that Government’s decision to axe its electric vehicle (EV) does not support ambitions to “move to a fully electric future”.
Government’s axing of its plug-in car grant (PiCG) electric vehicle buying incentive will “heavily disincentivise EV adoption”, according to the National Franchised Dealers Association (NFDA).
The UK Government’s Electric Vehicle Homecharge Scheme (EVHS) has now helped to fund 291,549 domestic electric vehicle (EV) charge points since its launch in September 2014.
Steve Nash, CEO of the Institute of the Motor Industry (IMI) has urged Rishi Sunak to address funding for skills training in the Spring Statement.
Professor Jim Saker's latest 'Viewpoint' opinion article for Automotive Management (AM) considers what is needed to shift the automotive balance to EVs in the UK.
Britishvolt has secured £100m of Government funding to build the UK’s first ‘gigafactory’ battery plant in Northumberland.
