Money: Car industry warns of return to 'dark days' as manufacturing falls again - PressFrom - United Kingdom
  •   
  •   

MoneyCar industry warns of return to 'dark days' as manufacturing falls again

15:55  30 april  2019
15:55  30 april  2019 Source:   news.sky.com

Hargreaves warns Chelsea about Frankfurt threat

Hargreaves warns Chelsea about Frankfurt threat Owen Hargreaves has warned Chelsea not to take Eintracht Frankfurt for granted as they prepare for their Europa League semi-final clash. The Blues will face off against the Bundesliga side who beat Benfica in the quarter-final, drawing 4-4 on aggregate and progressing via away goals. Hargreaves, who won four Bundesliga titles with Bayern Munich during his time in Germany, explains why the Blues should ensure they respect their opponents on their way to the final.

UK car manufacturers have warned that Brexit will heavily impact the industry . UK car manufacturing falls again as industry experts call for Brexit safeguard. Exports continue to shore up demand for UK-built cars , which means a no-deal Brexit is 'not an option' for the sector, SMMT warns .

Sector needs Britain to remain in customs union ‘as a minimum’, lobby group says.

Car industry warns of return to 'dark days' as manufacturing falls again © Sky News Screen Grab UK car production fell by 14.4% last month

UK car manufacturing fell for the tenth month in the row in March as the industry warned that output from the sector could fall to 1980s levels in the event of a no-deal Brexit.

The number of cars produced declined to 126,195, 14.4% lower than in the same period last year, according to the Society of Motor Manufacturers and Traders (SMMT).

It reported an 18.1% fall in vehicles produced for domestic use and a 13.4% downturn for overseas - the latter blamed on continued weaker demand in key Asian and European markets.

But the SMMT added that exports represented nearly four-fifths of overall production, demonstrating the importance of free and frictionless trade.

Jamie Carragher warns Luis Suarez over Anfield backlash

Jamie Carragher warns Luis Suarez over Anfield backlash Former Liverpool defender Jamie Carragher has warned Luis Suarez over a potential backlash from the Reds faithful when he returns to Anfield on Tuesday. The 32-year-old spent three years on Merseyside before leaving for Barcelona in 2014. The Uruguayan opened the scoring against Liverpool on Wednesday evening and didn’t hold back on celebrating his effort at the Nou Camp. Despite a positive performance from Liverpool, Lionel Messi struck twice in the second half to ensure Barcelona will travel to Anfield with a three-goal advantage.

Shares in major British car dealership Pendragon plunge after it warns that demand for new cars in Pendragon profits warning : What the papers say. Britain’s car industry is “in crisis” following All perfectly understandable, but a little late - as Pendragon’s shares have fallen by a sixth this morning

The Dark Return RPG setting is a gothic fantasy world setting for the SagaBorn RPG system, Pathfinder Roleplaying Game, and Shadow of the Demon Lord. Dark Return mixes popular fantasy settings like Forgotten Realms and Middle Earth with dark fairy tales, horror stories, and Lovecraftian

Car industry warns of return to 'dark days' as manufacturing falls again © Getty

It said a new independent forecast illustrated the stark impact a no-deal Brexit could have.

Even with a favourable deal and transition period maintaining current trading arrangements, production could fall to 1.36 million this year, down from 1.52 million in 2018 - but it could then rise to 1.42 million by 2021, according to the report.

But a no-deal Brexit seeing Britain crash out of the EU and fall back on World Trade Organisation (WTO) terms could see production fall by 30% compared to recent levels to just 1.07 million in 2021.

The SMMT described this as "a level consistent with the dark days of the mid-1980s".

Car industry warns of return to 'dark days' as manufacturing falls again © Getty

SMMT chief executive Mike Hawes said: "Despite the extension, the Brexit clock is still ticking and a devastating 'no deal' remains a threat.

Lascelles warns Liverpool that Newcastle will be tough

Lascelles warns Liverpool that Newcastle will be tough Newcastle defender Jamaal Lascelles has promised Liverpool that they will face a tough evening at St James’ Park on Saturday. Jurgen Klopp’s men travel to Tyneside with the aim to continue their fight with Manchester City for the Premier League title, and the Reds need to win to keep their hopes alive. City currently lead by a single point, with both sides having just two games left in the current campaign. And Newcastle captain Lascelles hopes to ruin the club’s title hopes at St James’ Park, and has promised the Reds that the game will not be a walkover.

The car industry demands the Government deliver some clarity on its Brexit plans, warning The UK car sector has issued a fresh plea for Brexit trade clarity, warning that "growth is stalling" with The Society of Motor Manufacturers and Traders (SMMT) said manufacturing output was 13.7% down in

New England's Dark Day occurred on May 19, 1780, when an unusual darkening of the day sky was observed over the New England states and parts of Canada.

"This new period of limbo does not end the havoc for industry, with investment stopped and expensive factory shutdowns moved to avoid a Brexit deadline that has itself now moved.

"Just a few years ago, industry was on track to produce two million cars by 2020 - a target now impossible with Britain's reputation as stable and attractive business environment undermined.

"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."

Gallery: The world’s biggest economies the decade you were born (Lovemoney)

Solskjaer warns Man United players to return from off-season fit.
Manchester United manager Ole Gunnar Solskjaer warned his players about their fitness levels.

—   Share news in the SOC. Networks

Topical videos:

usr: 1
This is interesting!