A third of employees working in the auto industry are still on furlough and up to one in six jobs are at risk as a result of Covid-19.
Nissan would focus efforts on its UK plant and would pull out of mainland Europe if Brexit leads to tariffs on car exports, reports suggest.
By Rupert Pontin, director of insight at Cazana
The events of the past year look set to shape the industry for years to come, while a whole host of questions remain unanswered.
By Alfonso Martinez, managing director of LeasePlan UK
By Rupert Pontin, director at Cazana
Many fleet operators just want to know the outcome of the Britain’s divorce from the European Union, whatever the circumstances.
Fleet Assist survey suggests that spare-part supply will not be impacted by a ‘no deal’ Brexit
Ongoing economic and political uncertainty appears to be behind a fall of 6.9% in advertised automotive industry last month, according to CV-Library.
Fleets temporary driver recruitment costs will increase up to 30%.
By Colin Tourick, professor of automotive management
Fleets are being urged to put a disaster recovery plan in place in order to prepare for every eventuality ahead of October 31.
By Mark Merrell, partner and head of Corclaim
The European automotive industry has made a united call for the UK and the EU to avoid a ‘no deal’ Brexit, fearing it will cause mass disruption and increase the cost of cars.
The Vehicle Remarketing Association (VRA) has announced it will be holding a free seminar that will discuss the key challenges the remarketing sector will face in 2020.
A no-deal Brexit “presents an existential threat” to the UK’s automotive industry, the SMMT has warned new Prime Minister Boris Johnson.
Vauxhall's Ellesmere Port plant could be closed if the UK's exit from the EU makes it unprofitable, warned Groupe PSA boss Carlos Tavares.
Trade body SMMT warns the next Prime Minister ‘no deal’ Brexit could cost the UK auto industry up to £70m a day in tariffs and delays to parts at the border.
It is likely that the proliferation of early churn on PCP cars is causing a bit of volume pressure in the retail market and thus also damaging ex fleet cars.
By Eddie Flanagan, partner and head of asset finance at Corclaim
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