UK car production dropped the lowest since 1949, bar the lockdown year of 2020. That is the second record breaking (and not the good type) month on the trot. The US tariff jump is being largely blamed for this. To read more, click this Autocar article link here.
Nissan has announced that around 250 employees are taking voluntary redundancy in Sunderland, as the car company looks to cut costs. This is all part of the dramatic steps the Japanese company is actioning due to their financial woes. If you wish to read more, click this Top Gear article link here.
Adding to the bleak picture Nissan is painting, leaked documents show the company approaching suppliers to request a delay in paying them. The reasoning is claimed to be a freeing up of cash. The request is voluntary, but would be two to three months delay for invoices being paid. You can read more, by clicking this Reuters article link here.
Late last week Autocar was told that Lotus was planning to move production, from the UK, as it explored the possibility of building cars in the US thanks to the tariffs. However, on Monday, the company issued a statement refuting the possibility of shutting down the Hethel factory. The UK Government has pledged to discuss the matter with Lotus to safeguard British jobs. Click this Autocar link here to read more.
Some of the companies that had agreed to work with Apple and integrate Apple CarPlay Ultra into their vehicles, are now stepping back from those commitments. Regular CarPlay will still be available but allowing access to data that enables the display on the driver's binnacle was too much for them. To learn more, click this MacRumours article link here.
General Motors won a ruling that will cause the class action against them, regarding defective transmissions, is to be split up into smaller cases due to the wide variety of vehicles involved. The case is not going away and it is only a reprieve as this will be sent back to the regional judge to decide which owners will be clumped together. If you want to read more, click this Reuters article link here.
Intel is closing down its automotive business and laying off the majority of people who worked on it. Intel is having to restructure due to business competition and struggles.
