UK’s Car Production Contracts by Nearly 100% in April
Car production in the UK witnessed a nearly 100% decline for the month of April, with the sector manufacturing just 197 cars for the entire Full Article
UK Car Production Shrinks by One Third in March Due to Shutdowns
Car production in the UK shrank by over one-third during March as the coronavirus pandemic forced the government to implement lockdown Full Article
Global Auto Market to See Sharp Contraction This Year
Recent research by LMC Automobile estimates a sharp drop in global vehicle production this year on account of the coronavirus pandemic Full Article
UK New Car Sales Decline Owing to Coronavirus Shutdowns
Shutdowns as a result of the coronavirus pandemic caused new car sales in the UK to fall by 44% during March, according to data by SMMT Full Article
German Car Exports to Suffer Severely Because of Coronavirus
Recent research by the Ifo Institute reveals that export expectations for the German car industry have weakened to the lowest levels seen in Full Article
British Car Output to Suffer From Extended Lockdowns
Car output in Britain could decline by over 15% and possibly more this year, depending on how long factories need to remain shut in a bid to Full Article
Fiat Chrysler to Merge with Renault?
Fiat Chrylser has proposed a merger with French carmaker Renault, which could ultimately progress into an alliance with.. Full Article