Trouble at McLaren? – the week | Automotive Industry Comment

McLaren production. The company is selling and leasing back its HQ to raise cash

McLaren output. The business is selling and leasing again its HQ to increase income

I can only marvel what the late, wonderful, racing driver Bruce, THE McLaren at the rear of the perfectly regarded Formulation one team owning and supercar setting up enterprise, would make of present-day information the business is selling and leasing again its unique southern England HQ to strengthen its balance sheet in a deal that could increase GBP200m. The original report claimed the deal, predicted to draw interest from international home traders, would be element of a broader technique to restore business funds just after months

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New normals and more adjustments – the week | Automotive Industry Comment

Its a biggie: Amazon has ordered 1,800 electric Mercedes vans for its European delivery business

It really is a biggie: Amazon has purchased one,800 electrical Mercedes vans for its European shipping and delivery organization

We are coming to the conclusion of the getaway period in this article in the northern hemisphere, but clearly the mother nature of any crack will have been by necessity, very distinctive from what everyone has been used to.

Slowly but surely, gradually, production is beginning to start up all over again, although presented the new restrictions, it is naturally at a a lot reduced speed than common. We can only hope no second wave hits as summertime turns to autumn

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Self-combusting Ford PHEVs – the week | Automotive Industry Comment

Ford appears to have had trouble with some early Kuga PHEV battery packs

Ford seems to have had difficulty with some early Kuga PHEV battery packs

We’ve been hearing a whole lot lately listed here in the United kingdom about ‘self charging hybrids’ (from you know who) but ‘self combusting plug in hybrid’ is most likely not what the internet marketing folks powering a new Ford preferred to hear.

In accordance to highly regarded media outlet Autocar, Ford of Britain suspended income of its Kuga PHEV model due to problems over automobile fires related to overheating battery packs. The PHEV variant had just been released in the United kingdom (it is all

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COVID-19 recovery ebbs and flows – the week | Automotive Industry Comment

It was, as you have possibly now mentioned on your own, some thing of a combined 7 days. COVID-19 ebbed and flowed by nation, with some pockets of the US flaring back again up a minor following relaxing of lockdown, other defying the development with infections and deaths continuing to slide even as men and women mingled additional in recently socially distanced bars, places to eat and, of system, even the bit by bit reopening casinos of Las Vegas and other gambling warm spots.

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COVID-19 adds to M&A rationale in automotive sector | Automotive Industry Comment

The second half of this year could see an upsurge in M&A activity as markets come back and automotive sector recovery builds

The next 50 % of this calendar year could see an upsurge in M&A activity as markets come again and automotive sector restoration builds

Exor NV – Fiat-Chrysler’s (FCA’s) major investor – has confirmed the timing for the proposed FCA-PSA merger for completion by early 2021 as at first announced. It is each a well timed reminder that the extensive-expression motorists of mergers and acquisitions (M&A) in the automotive sector have not absent away and that the COVID-19 disaster and its impression on companies will truly accelerate restructuring.

The COVID-19 disaster will be adding pressures for company restructuring in the

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