Annual Automotive Law Update

We see no signs of this activity diminishing through 2016 as car sales figures continue to improve. The second, was that the used car market and new car registrations reached a record breaking 2.63m, beating the previous record of 2.58m in 2003, after 43 months of consecutive growth. Many in the sector believe 2016 could see a new high for registrations and we believe this will positivity fuel demand for new sites and premises. However, a slowdown in the housing market is what many in the sector want as numerous requirements cannot be satisfied owing to higher alternative use values, particularly for residential. SMMT represents the UK automotive industry through the membership of companies involved in design, concept, manufacture, sale, after sale, disposal and recycling of motor vehicles, components and accessories. When the data has been uploaded successfully the drivers and their records will be updated in Vision, displayed in Manage my vehicles and Manage my fleet screens and in the asset profile.

Tesla also removed one of its electronic control units from the steering racks in China-built Model 3s and Model Ys to ensure that it hit Q4 sales targets, CNBC has reported. Nissan CEO Makoto Uchida has said the chip shortage is “still uncertain” but the firm’s production of 3.8 million units is still on track. “Day by day we're in close discussion with the suppliers,” said Uchida, adding that Nissan’s planning ahead of time will help to make sure that it will hit its allocation. Ford prioritised the vehicles it deemed most important for production, the firm told The Sunday Times, with the Focus and Fiesta most affected.

Autovista24 journalists combine proprietary data with timely research and analysis – all while tapping into Autovista Group’s pan-European team of automotive experts to ensure that users benefit from highly-relevant content. At the start of 2021, a mere 1% of the global rolling car fleet had a power plug . The pandemic turned out to be an accelerator for the development and sales of electric vehicles . To support the car industry through the pandemic and simultaneously push a green recovery, EVs benefit from government support programmes and subsidies in various countries. BNEF expects the global share of EVs (full electric vehicles - FEV and plug-in hybrid electric vehicles - PHEV) in new sales to increase by 50%, from 4% to 6% in 2021, and rising further to 8% in 2022. Europe leads the world here, with EVs making up an expected 14% in new sales in 2021, followed by China (9%).

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“Volkswagen is continuing to press ahead with the transition to e-mobility despite the limited supply of semiconductors,” said Ralf Brandstätter, Volkswagen CEO. The deal with Foxconn will also involve research into reducing the complexity of semiconductors, which Stellantis believes will be important as vehicles become “increasingly software-defined”. Its sales dropped by 1.2% in 2021 as it was unable to ramp up production across its factory network, due to constrained semiconductor supplies. Supplies were improving towards the end of the year, JLR said, but anticipated supply will “continue to improve in Q4 of the fiscal year”, which ends on 21 March 2022. The automotive industry was severely hampered by a shortage of semiconductor chips in 2021, with impacts further exacerbated by the pandemic. We help you uncover new opportunities; make sense of the increasingly challenging automotive market and secure your future.

  • Information and images displayed in relation to the InControl technology, including screens or sequences, are subject to software updates, version control and other system/visual changes depending on options selected.
  • It provides monthly up-to-date analysis of current demand and assessments of OEM strengths and weaknesses.
  • The increased range offered by Mercedes’ new concept is of particular note.
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  • Bill has worked in the motor industry for almost three decades, and has held senior roles at JLR, BMW and Rover, amongst other vehicle manufacturers.

As a result, the decline in new car sales in March more than outweighed the gains made in the first two months of the year. CookieTypeDurationDescription_hjAbsoluteSessionInProgress030 minutesThis cookie is used to detect the first pageview session of a user. This is a True/False flag set coachoutletonlinebtc.net by the cookie._hjFirstSeen030 minutesThis is set to identify a new user’s first session. It stores a true/false value, indicating whether this was the first time Hotjar saw this user. It is used by Recording filters to identify new user sessions._hjid11 yearThis cookie is set by Hotjar.

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Have a global overview of the market, or drill down to your specific requirements, whether that be Sales Group, Plant or even Platform. With specialised insight into the regions Compass can display the information you need in a range of visualisations. Electrified– the transition to emissions-free mobility will become a global requirement. Electricity used to charge vehicles will increasingly come from renewable sources to ensure carbon dioxide-neutral mobility.

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Added to the hot weather spell, anyone would think that the end of the world is nigh! Whilst it can’t be denied that people are tightening their belts, the end of the world has most certainly not arrived in automotive retail. Deloitte LLP is a limited liability partnership registered in England and Wales with registered number OC and its registered office at 1 New Street Square, London EC4A 3HQ, United Kingdom. Major Programmes Connecting people and technology to anticipate and respond to ever-changing conditions, and solve for society’s greatest challenges.