Britain’s Auto Industry Is Down but Not Out

  • 📰 CARandDRIVER
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Britain's auto industry is down but not out:

, the 116-year-old company's first electric production car, a plus-size coupe of undeniable presence. Erected with parent BMW's money, its showpiece Goodwood factory is now configured to build internal-combustion and electric cars on the same line.

Two decades after its relaunch for 2002 as a stand-alone brand, Mini is here building zippy electric models on the same line as gas and diesel cars, thanks to extensive use of modern robotics. The plant is notably quiet in operation, and the mood appears upbeat. This is in spite of Mini's announced plans to shift production of EVs to China, a potentially ominous development for a brand that plans to be all electric. At present, 40,000 electric Minis leave Plant Oxford each year. "Mini Plant Oxford is the heart of the brand," says Stefanie Wurst, global head of Mini. "Our commitment to production in the United Kingdom has not lost any strength whatsoever.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 576. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Auto Industry Expected to Post Worst U.S. Sales Year in More Than DecadeThe U.S. auto industry is expected to report a drop in overall sales for 2022, as supply-chain snarls left dealerships with little inventory How about a recession that occurred in the first and second quarter. Oh ya. You didn't report that. Remember the 2 consecutive quarters of negative GDP growth is by definition a recession. We had that! Lower your goddamn prices….fucking thieves Hi guys. Are you interested in learning how to trade the forex market and you do not have the funds or what you think is required to start learning? I’m hosting a free intro to forex class on a closed WhatsApp group. link to the group.
Source: WSJ - 🏆 98. / 63 Read more »

Here's how the most important dispute hanging over crypto industry may play out, says industry watcherThe upheaval in the crypto world is showing no signs of petering out in the new year. Cameron Winklevoss, the co-founder of Gemini Trust, accused Barry Silbert’s Digital Currency Group of bad-faith tactics in a dispute over $900 million of frozen funds.
Source: MarketWatch - 🏆 3. / 97 Read more »

Warner Bros Discovery Signs Deal With Measurement Firm VideoAmp As Industry Continues To Explore Nielsen AlternativesWarner Bros Discovery has enlisted measurement firm VideoAmp to track ad campaigns across screens for the company’s network and brand portfolio, which spans sports, news, lifestyle and entert… That's interesting 🤔
Source: DEADLINE - 🏆 109. / 63 Read more »

Industry Lobbyists Fret as Sanders Prepares to Take Over Powerful Senate Health PanelHealthcare industry lobbyists who are used to exerting significant influence over legislation and committee activity in Washington, D.C. are fretting that they may see their sway diminish after Sen. Bernie Sanders takes over the Senate's top health panel.
Source: commondreams - 🏆 530. / 51 Read more »

Industry Lobbyists Fret as Sanders Prepares to Take Over Powerful Senate Health Panel'Lol good,' responded Public Citizen's Rick Claypool, mocking the corporate lobbyists' complaints.
Source: commondreams - 🏆 530. / 51 Read more »

As postproduction backlogs delay movie releases, B. Riley lowers industry box-office estimatesAnalyst firm B. Riley Securities also lowered its price targets for a number of media and entertainment stocks.
Source: MarketWatch - 🏆 3. / 97 Read more »