JLR boasts record sales in July
Jaguar Land Rover has reported its best ever July retails sales, with figures up 34% to 44,486.
Strong sales have boosted the manufacturers’ total over the 335,000 mark in the first seven months of 2016, with Brexit making no impact on demand for premium luxury cars. Andy Goss, sales operations director, said: “This has been another record month for Jaguar Land Rover with impressive sales across both of our brands…reflecting the global appeal of our strongest ever vehicle line up”.
To find out more about the record month, head here.. http://ow.ly/UiyK3033UTS
China warns of ‘crucial juncture’ over Hinkley delay
Writing in the Financial Times, Liu Xiaoming, Chinese ambassador to the UK, has said the delay in the Hinkley Point nuclear project could threaten the relationship between the two countries.
He hinted that “mutual trust” could be in jeopardy if the government decides not to approve the deal, with China currently expected to fund around a third of the £18bn project. The ambassador outlines what he believes are the benefits of a nuclear power station in the UK and that he hopes the door will be kept open to China.
For more on the warning from the ambassador, head here.. http://ow.ly/t3MI3033UWi
ReshoringUK launches new event to unlock opportunities
Aiming to unlock opportunities in the multi-billion pound automotive sector, ReshoringUK has launched a new initiative and is inviting people to attend their latest event which is being held on Tuesday 6th September.
The event, which is being held at the Manufacturing Resource Centre in Warwickshire, will feature guest speakers from the likes of Jaguar Land Rover and Unipres. It aims to get direct access to OEM & Tier 1 automotive companies, unlock the potential to share in the sector and take steps towards building a bigger and more sustainable industry.
The event is free to attend, so to find out more, head here.. http://ow.ly/eK4r3033UYj