Ian Henry shares his thoughts on the notable challenges facing the European vehicle manufacturing sector.
Asian supply chains are at risk from logistics disruption, with shipping routes being rerouted away from the Gulf region and Suez Canal. Electric vehicle (EV) demand is slowing, and VMs are having to re-assess which models to launch and when…
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As EU tariffs loom, Chinese automaker GAC is actively exploring local production of EVs in Europe, with its electric SUV set to launch in 2025 at under €40,000 ($43,610)
As Northvolt cuts 1,600 jobs and scales back its ambitions, Europe’s hopes of leading the EV battery race face serious competition and sluggish market growth.
The Society of Motor Manufacturers and Traders (SMMT) has revealed a marked trend of prodcution resilience in the UK, with the sector witnessing a substantial 16.8% rise in car production. This led to an output of 1.25 million vehicles; the industry’s strongest performance since 2019. With markets shifting and competition growing overseas, UK productions and exports are witnessing sings of confidence and resilience.
