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JLR job cuts, January global sales, new Magna plant – the week | Automotive Industry Comment

JLR job cuts, January global sales, new Magna plant – the week | Automotive Industry Comment

by admin
March 1, 2021
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Jaguar is going all-electric under JLRs new product strategy with the near-production-ready XJ flagship replacement shelved and the nameplates future in doubt

Jaguar goes all-electric below JLR’s new product technique with the near-production-ready XJ flagship alternative shelved and the nameplate’s future doubtful

Information Tata-owned Jaguar Land Rover (JLR) had confirmed an extra 2,000 job cuts this 12 months, following the automaker’s announcement the Jaguar model can be all-electric by 2025, was the most-read article on just-auto this week. Final week, JLR outlined its ‘Reimagine’ technique, which included plans to realize net-zero emissions throughout its provide chain, merchandise and operations by 2039. Thierry Bollore, JLR CEO, stated: “We’re harnessing these substances immediately to reimagine the enterprise, the 2 manufacturers and the shopper expertise of tomorrow. The Reimagine technique permits us to boost and have fun that uniqueness like by no means earlier than. Collectively, we are able to design an much more sustainable and optimistic affect on the world round us.” Sadly, such corporate-speak phrases as ‘reimagine’ and ‘transformation’ are normally shorthand for ‘we will minimize jobs’ however, particularly within the upcoming, difficult post-COVID days forward of the auto {industry}, wants should.

The primary month of sunshine car gross sales for 2021 have now been collated for international markets. They present a marginal rise of 0.6% when put next with final 12 months. The SAAR got here in at 81.46m, the bottom since June 2020, and barely under the extent of January 2020 resulting from a unique stability to regional gross sales.

The geographic disparity in gross sales efficiency is most demonstrated by the leads to Europe. For the area as a complete gross sales fell 20.4%, however this partially hid a steeper fall in lockdown-affected West European markets of 23.5%. Right here, key markets such because the UK, Spain and Germany all fell in extra of 30% in January. North America’s gross sales additionally fell. The US was the least affected there with gross sales down by simply 3.7%, however gross sales in Canada and Mexico dropped by a mixed 23.3%.

Magna this week introduced it had damaged floor on a brand new manufacturing facility in St. Clair, Michigan, that can construct advanced battery enclosures for Common Motors’ upcoming 2022 GMC Hummer EV. The manufacturing unit will produce battery enclosures for the revived Hummer, now to be bought, as a big, pure EV pickup truck, below the GMC business car model (having seen the promotional video, I would love one however maybe not in UK with our slim roads and parking areas). Development of the 345,000 sq ft facility, named Magna Electrical Automobile Buildings, is costing US$70m and is anticipated to carry 300 jobs to the town over the following 5 years.

With the transfer to electrification now actually gaining tempo, not least due to authorities edict, our analysts right here at GlobalData are holding shut eye on developments. This week: Ford is the most recent international automaker to decide to a daring electrification technique. The US firm has introduced that, by mid-2026, all of its fashions bought in Europe will probably be able to zero-emissions driving utilizing both battery-electric or hybrid-electric powertrains. Doubling down on the shift away from combustion engines, the automaker goes on to say that, by 2030, all its autos bought in Europe will probably be totally electrical. As well as, the corporate’s fashionable vary of economic autos will all be able to zero-emissions driving by 2024, with Ford saying it expects two thirds of economic car gross sales by 2030 to be both totally electrical or plug-in hybrid. 2020 marked the sixth consecutive 12 months of Ford’s management within the European business car market – a place more likely to be cemented by additional collaborations with business car accomplice Volkswagen and its Ford Otosan manufacturing base in Turkey. To make sure it has the manufacturing community essential to fulfil its bold plans, Ford will lean on its European manufacturing base in Cologne, Germany. It plans to take a position at the very least $1bn into the power to equip it to fabricate electrical autos. If it retains to its present schedule, Ford’s first European-built volume-production electrical car will go away the road in Cologne by 2023. This funding is a part of a wider dedication to spend round $22bn globally by 2025 to understand Ford’s electrification ambitions – twice the quantity the corporate had beforehand dedicated to the challenge.

Following on properly from that got here this: Ford’s plant in Romania might produce electrical vehicles within the coming years within the context of the automaker’s European unit’s new technique to scale back carbon dioxide emissions, Stuart Rowley, president of Ford Europe has implied, in keeping with native stories. “The plant in Craiova is successful story. We launched the brand new Puma there at the start of final 12 months. The mannequin is successful available in the market, and most models delivered use mild-hybrid know-how. We’ll return within the coming months with particulars in regards to the future,” Rowley informed Romanian media.

An precise quantity manufacturing Fisker mannequin has been a very long time within the gestation interval however be affected person for, like Christmas, it (or they) is coming. Having already sorted a take care of Jaguar I-Tempo contract producer Magna, to construct the Ocean luxurious SUV, Fisker this week introduced a second contract, with iPhone maker Foxconn in Taiwan, to construct one other, as but unnamed and detailed, new mannequin. That led me to ask if this additionally displays a brand new method from EV startups – contract somewhat than in-house construct? At Fisker, international paid reservations for the Ocean – thus far revealed solely in idea type – have handed 10,400 with a “production-intent prototype” due for reveal subsequent summer season forward of a manufacturing begin within the fourth quarter of 2022. The Ocean will use a modified model of a Magna-developed EV platform. Now comes this second Fisker EV which Foxconn will construct. It’s cellphone large Apple’s key contract assembler and can work with its buyer to ‘co-develop’ a car to “pioneer a brand new market phase and ship industry-first improvements”. That’ll be price ready for, I ought to assume.

Nissan is withdrawing its fashionable Navara pickup truck from the UK and Europe simply as a facelifted mannequin line goes on sale in different world markets, in keeping with a UK media report this week. Nissan confirmed to UK publication Skilled Pickup & 4×4 the closely revised 2021 Navara, an up to date mannequin with new styling and enhanced security tools, wouldn’t be coming to the UK, with the automaker persevering with to supply the present technology mannequin as an alternative. Sources informed the web site the present technology Nissan mannequin would stop to be obtainable early in 2022, with no alternative deliberate. The transfer displays the latest shock Mitsubishi Motors determination to not launch any extra new fashions in Europe or the UK – it additionally sells a preferred, long-running pickup line, and direct Navara rival, known as the L200. There was a touch earlier this week MMC would possibly already be reconsidering that call – at the very least partly – after it was reported to be contemplating a plan to supply a mannequin from its alliance accomplice Renault to promote in Europe, in keeping with stories in Japan. These stories instructed the plan might see the Japanese automaker preserve a stronger presence in Europe than had beforehand been envisaged.

Lastly, given the unlucky information from California this week, involving a well-known professional golfer and a Genesis SUV, you could be desirous about our latest have a look at Hyundai’s new premium model, not but on sale right here in UK, or Europe. Speedy restoration and return to the programs, Tiger.

Have a pleasant weekend.





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Tags: AutomotiveCommentCutsGlobalIndustryJanuaryJLRJobMagnaplantsalesweek

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