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...The group will also lay out plans this week to invest the same amount across Latin America, as it foresees particularly high demand in Mexico from the automotive sector....
...Training manufacturing workers in applying alongside AI could help them adapt and minimise job losses, but opportunities may be limited....
...Dilnot said Melrose had limited revenue exposure to the engine programme, noting that it was “a challenge that is increasingly contained”....
...Around 600 UK automotive jobs are at risk after electric lorry start-up Volta Trucks said it was set to file for bankruptcy on Tuesday....
...The expiry of the deal on cars will also have a limited impact....
...A shortage of car-moving ships has pushed up shipping prices to record levels and limited the flow of electric vehicle exports from China to Europe....
...“The main trading entity of the group, Volta Trucks Limited, will shortly file for administration in England, with insolvency practitioners from Alvarez & Marsal anticipated to take office,” the company...
...He added that large companies benefiting from Hunt’s announcement of more than £2bn of funding for the automotive sector in November should have to spend it with UK suppliers....
...The industry-leading gross profit margin on Tesla’s automotive operations briefly topped 30 per cent in 2021....
...Exports to the EU were one of the great hopes for the industry after the US limited access by levying heavy tariffs on Chinese car imports while offering subsidies for domestically produced EVs....
...Retail car sales jumped to 841,000 in the first 11 months of 2023, compared with 593,000 over the whole of 2022, according to Turkey’s Automotive Distributors’ and Mobility Association, a trade body....
...As a result, the ordinary car with a supercar engine “earned its place in automotive legend for its performance and tuneability”....
...“In the automotive space, not everyone can win,” and right now, it is “the Wild West out there”....
...According to data group Cox Automotive, GM has 58 days of supply across all its brands, Ford has 85 days and Stellantis has 107....
...Dilnot said Melrose parts were not directly affected and that the company had limited revenue exposure to the Pratt & Whitney geared turbofan engine programme....
...Tired of the “crunchy water” they were finding in London, university friends Sam Cole and Ross Cannon set out to have “Ottolenghi-type salads at Pret A Manger availability and price”, they say....
...The Bekas drones’ small size means their combat potential is limited as they can only carry a 3.5kg load up to 5km....
...Shifting the ban on combustion-engined vehicles lifts the threat to some hybrid models, such as Toyota’s, which use a battery but have relatively limited range using only electric power and were at risk...
...“Strictly speaking, it’s not limited only to Chinese brand electrical vehicles, it can be also other producers’ vehicles if they are receiving production-side subsidies,” said Dombrovskis in an interview...
...Lee Hang-koo, executive adviser at the Korea Automotive Technology Institute, said the French move by itself would have a limited impact on Hyundai and Kia sales in the country....
...Kim Dong-myung, head of the advanced automotive battery division of Korea’s LGES, says that producing them is “too costly” and there will be “very limited applications”....
...commerce ministry vowed to protect the “legitimate rights” of its companies, saying the investigation, which was announced on Wednesday by Ursula von der Leyen, “will seriously disrupt and distort the global automotive...
...The fact that Germany’s automotive-government complex dropped the ball on EVs over the past decade doesn’t stop it catching up....
...“It’s a small market but growing quickly,” he says — adding that use among consumers is typically sporadic, and on a limited basis....
...After graduating, she entered Italy’s automotive industry. “I immediately found a job — that is the luxury of engineering.”...
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