British Auto Makers’ Nervousness Over EU Trade Deal Looks Overcooked. “the cost of failure had risen to $74 billion, while “no deal” would cut Britain’s vehicle production by two million over the next 5 years” (yea sure). Britain’s trade deal, or the dread lack of one after leaving the European Union (EU), is worrying the […]
Author Archive | Neil Winton
Volkswagen Shares Weaken As Diess Decision Apparently Delayed
Volkswagen Shares Weaken As Diess Decision Apparently Delayed. “The same old problem pops up again and again. VW is a kind of state-owned company with a stake in the stock exchange” Volkswagen’s silence after a top committee reportedly discussed CEO Herbert Diess’s call to back his plan to reform the company’s lack-lustre financial performance, saw […]
Volkswagen Internal Politics Erupt Again As Diess Future Is Questioned
Volkswagen Internal Politics Erupt Again As Diess Future Is Questioned. It’s less than 6 months since Volkswagen was last shaken up by a plot to remove its chief executive, so it’s clearly time for another episode of this hardy perennial. The Volkswagen Group’s executive committee has convened a meeting Tuesday to discuss the future of […]
Can Cheap Mini-Electric Cars Bailout European Carmakers?
Can Cheap Mini-Electric Cars Bailout European Carmakers? Mini-electric cars promise something that current electric cars are incapable of; buyers will want them, not because they are forced into them by governments Grandstanding European politicians are accelerating the sales ban on petrol and diesel cars to 2030, paying scant attention to the unintended consequences, but maybe […]
Britain’s ICE Vehicle Sales Ban With Have Unintended Consequences
Britain’s ICE Vehicle Sales Ban With Have Unintended Consequences. “However, we will allow the sale of hybrid cars and vans that can drive a significant distance with no carbon coming out of the tailpipe until 2035,” Automakers welcomed the ban through gritted teeth, environmentalists loved it and wanted more, while there were warnings of imminent […]
Britain’s Auto Industry Demands Favorable Brexit Deal
Britain’s Auto Industry Demands Favorable Brexit Deal. “Critical questions remain unanswered. With the industry’s competitiveness built on Just-in-Time deliveries, companies cannot afford any supply chain delays so clarity is vital,” Britain’s auto industry painted a bleak picture of its future if the country fails to agree a free-trade deal with the European Union (EU), saying […]
Most Investors Expect Ferrari’s Financial Strength To Continue
Most Investors Expect Ferrari’s Financial Strength To Continue. For all its magnificence as a business, Ferrari remains a very expensive stock Ferrari, legendary sports-car maker for the rich and famous, produced another stellar financial report, the share price zoomed and most investors were happy. Ferrari’s share price suggests it is classed as a luxury goods […]
Polestar 2 Will Rival Tesla Model 3; Will Soon Have More Upmarket Models
Polestar 2 Will Rival Tesla Model 3; Will Soon Have More Upmarket Models “We currently anticipate global volumes reaching around 205,000 by 2025” Electric upstart Polestar grabbed the headlines with its first vehicle, a brash, beautiful, in your face, low volume plug-in hybrid super-car priced at about $155,000, but the serious work starts now with […]
Tesla Model X Still Ahead Of BMW iX, Despite Years Of Research
Tesla Model X Still Ahead Of BMW iX, Despite Years Of Research. “BMW is getting closer but it will still take a few years really to match Tesla in all aspects Americans will have to wait until 2022 to buy BMW’s new iX all-electric SUV, that’s 7 years after Tesla launched its Model X, and […]
Coronavirus Shaking Up Car Buying, As Millennials Suddenly Love Them
Coronavirus Shaking Up Car Buying, As Millennials Suddenly Love Them. Millennials leading car ownership would have been unthinkable, particularly in terms of buying non-electric cars. The industry should recognize that there is a new market” Millennials are said to despise the fossil-fuel powered car, embrace public transport, worry about climate change above all else and […]