-
February figures ‘the calm before the storm’
- March 31, 2020
- Posted by: Simon Wait
- Category: Industry News
British car manufacturing fell 0.8% in February, but the Society of Motor Manufacturers and Traders (SMMT) has warned of a far more drastic decline to come. It found that some 122,171 vehicles rolled off production lines in the month, representing a loss of just over 1,000 units compared with February 2019. However, the figures come [...] -
UK CV production down in February
- March 27, 2020
- Posted by: Simon Wait
- Category: Industry News
UK commercial vehicle production declined -13.6% in February, with 7,980 vans, trucks and buses manufactured, according to the latest figures released today (27 March) by the Society of Motor Manufacturers and Traders (SMMT). The performance follows a bumper February in 2019 when output grew by more than half ahead of key model changes, and reflects the cyclical nature of [...] -
Ageas takes lead on AI for assessments, estimates
- March 27, 2020
- Posted by: Simon Wait
- Category: Industry News
Ageas has become “the first UK insurer to employ artificial intelligence to create end-to-end assessments and estimates of vehicle damage” , it was announced today. Ageas is using an AI solution developed by technology company Tractable to support some of the complex tasks that a human assessor would normally carry out when evaluating vehicle damage. [...] -
VWCV halts production in Germany and Poland
- March 19, 2020
- Posted by: Simon Wait
- Category: Industry News
Volkswagen Commercial Vehicles (VWCV) is suspending vehicle production from today for an anticipated 10 working days. The production sites affected are those in Hannover, and Polish sites Poznań and Września. The reasons for stopping production are the uncertain sales environment for light commercial vehicles, the suppliers’ volatile supply chains and to protect the health of [...] -
Ferrari closes production plants
- March 17, 2020
- Posted by: Simon Wait
- Category: Industry News
Ferrari has suspended production in Maranello and Modena with immediate effect and until 27 March. The decision has been taken by the company for its employees’ well-being and follows a number of rigorous preventive measures already implemented. It says it is now experiencing the first serious supply chain issues, which no longer allow for continued [...]