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UK car output falls 14% in March, may get worse with no-deal Brexit
Tue, Apr 30 2019LONDON — British car output fell for the 10th month in a row in March, hit by a slowdown in key foreign markets, and the sector stands to suffer a lot more if the country leaves the European Union without a deal, an industry body said on Tuesday. Output tumbled by an annual 14.4 percent to 126,195 cars in March, the Society of Motor Manufacturers and Traders said. Exports, which account for nearly four out of every five cars made in Britain, were down by 13.4 percent. The SMMT said analysis it had commissioned predicted output would fall this year to 1.36 million units from 1.52 million in 2018, assuming London can secure a transition deal with the EU. If Britain has to rely instead on World Trade Organization rules for its trade with the bloc, which include import tariffs, output is forecast to fall by around 30 percent to 1.07 million units in 2021, returning to mid-1980s levels, the SMMT said. The forecasts were produced for SMMT by AutoAnalysis, a consultancy. Prime Minister Theresa May has secured a delay to the Brexit deadline until Oct. 31, giving her more time to try to break an impasse in parliament over the terms of Britain's departure from the EU. Foreign minister Jeremy Hunt traveled to Japan earlier this month to try to persuade the Japanese government and Toyota, which has a big presence in Britain, that London was determined to avoid a no-deal Brexit. "Just a few years ago, industry was on track to produce 2 million cars by 2020 — a target now impossible with Britain's reputation as stable and attractive business environment undermined," SMMT chief executive Mike Hawes said. "All parties must find a compromise urgently so we can set about repairing the damage and diverting energy and investment to the technological challenges that will define the future of the global industry." (Reporting by William Schomberg, editing by David Milliken)
2022 Kia EV6 and Acura NSX Type S driven | Autoblog Podcast #715
Fri, Feb 4 2022In this episode of the Autoblog Podcast, Editor-in-Chief Greg Migliore is joined by Senior Editor, Green, John Beltz Snyder and Road Test Editor Zac Palmer. The car chat begins this week with a review of the 2022 Kia EV6, followed by Zac's drive of the 2022 Acura NSX Type-S. Then they discuss Autoblog's new long-term loan, a 2022 BMW 330e xDrive. They've also been driving the Ford Explorer Timberline and Kia Sorento Hybrid. In the news, they discuss the soon-to-be-revealed Alfa Romeo Tonale, as well as the recently unveiled Aston Martin DBX707. Finally, Greg talks about a historical Detroit landmark, the old American Motors Company headquarters, which is set to be demolished. Send us your questions for the Mailbag and Spend My Money at: Podcast@Autoblog.com. Autoblog Podcast #715 Get The Podcast Apple Podcasts – Subscribe to the Autoblog Podcast in iTunes Spotify – Subscribe to the Autoblog Podcast on Spotify RSS – Add the Autoblog Podcast feed to your RSS aggregator MP3 – Download the MP3 directly Rundown Cars we're driving 2022 Kia EV6 2022 Acura NSX Type S 2022 BMW 330e xDrive 2022 Ford Explorer Timberline 2022 Kia Sorento Hybrid In the news 2023 Alfa Romeo Tonale coming soon 2022 Aston Martin DBX707 revealed AMC headquarters to join rest of company in oblivion Feedback Email – Podcast@Autoblog.com Review the show on Apple Podcasts Autoblog is now live on your smart speakers and voice assistants with the audio Autoblog Daily Digest. Say “Hey Google, play the news from Autoblog” or "Alexa, open Autoblog" to get your favorite car website in audio form every day. A narrator will take you through the biggest stories or break down one of our comprehensive test drives. Related Video:
Get your Aston Martin Vulcan in Ohio for just $3.4 million
Fri, Feb 5 2016Want to get your hands on an Aston Martin Vulcan? Good luck: the manufacturer is only building 24 of them, and each carries a price tag of over $2 million. But if you're willing to shell out, there's one for sale in Cleveland. This Fiamma Red example listed for sale on the duPont Registry is described as the first Vulcan in the United States. It bears the VIN AMLVULCANXXXXXX07, indicating that this is the seventh of those two dozen examples to be made. And it can be yours for the small matter of $3.4 million, which is one heck of a markup on a vehicle that's already enormously expensive. The Vulcan, for those unfamiliar, is the supercar that Aston Martin built specifically for use on the track. That puts it in the same league as the McLaren P1 GTR and Ferrari FXX K. The Vulcan features an old-school naturally aspirated 7.0-liter V12 rated at over 800 horsepower – mounted up front but entirely behind the axle. It's built around a carbon-fiber tub that's even stronger and lighter than the one at the center of the One-77. And that aero kit derived from Aston's GT3 racer will generate as much as 3,000 pounds of downforce at top speed. The Aston is also more rare than its counterparts, of which McLaren will build 35 and Ferrari fewer than 40. That's rather rare company indeed, in which the Vulcan looks poised to be the rarest. So if you want to gain admission into the club, it won't come cheap. Related Video: