UK Automotive Industry at a Crossroads: Navigating Challenges and Future Prospects
Dive into the latest SMMT data showing a sharp decline in UK car production and explore the factors behind it, from US tariffs to restructuring. Discover the path forward for the automotive sector.
In this episode, Alice and Lewis analyze the recent SMMT report revealing a significant drop in UK car production, with figures down by nearly a third compared to the previous year. They discuss the impact of US tariffs, restructuring efforts, and model changeovers on the industry. The hosts also highlight Mike Hawes' insights from SMMT, including confirmed trade deals with the US and improved EU relations that could signal a turning point. While energy costs remain a challenge, there is optimism around government strategies aimed at fostering growth and decarbonisation. Tune in to understand the current state of the automotive sector and what the future might hold.
Related Episodes
M&A Market Volatility: Geopolitical Tensions and Strategic Deals
Deal-making in the UK has hit a decade-low, but strategic megadeals are keeping transaction values steady. Alice and Lewis explore the impact of Trump's tariffs and global conflicts on M&A trends.
Russia Launches Massive Missile and Drone Attack Amid Tensions with Ukraine
In this episode, Alice and Lewis discuss the recent large-scale Russian missile and drone attacks on Ukraine, the geopolitical implications, and the potential impact on global markets.
Tesla's Robotaxi: Innovation, Challenges, and the Road Ahead
Alice and Lewis explore Tesla's new robotaxi service, discussing its potential, early challenges, and the future of autonomous vehicles.
UK Overhauls In-House Insurance Regulations to Attract Captive Insurers
The UK government is making major changes to in-house insurance rules to bring back hundreds of captive insurers. This could boost the economy and make the UK a more competitive place for businesses.
UK Energy Grid Under Fire: Balancing Cost and Resilience
A recent substation fire at Heathrow has sparked concerns over the UK's energy grid maintenance. A major trade union warns of underinvestment in infrastructure, while regulators defend the system's reliability. What's at stake for the UK's energy future?
The Struggling Small Business Landscape in the UK
New data reveals one in five small businesses fear permanent closure, with rising costs and government policies creating significant challenges for the backbone of the UK economy.
The Council Tax Crisis: Who's Paying the Price?
Council tax arrears have skyrocketed to record levels, with 1.8 million households in debt. But who's really bearing the burden—and can the system survive?
Navigating Climate Policy and Industrial Competitiveness: The EU's Carbon Border Tax Challenge
The EU's new carbon border tax plan and its impact on heavy industries like steel and cement, as they balance climate targets with economic competitiveness.
The Rising Heat: Unpacking the Science Behind Heat Domes and Extreme Weather
In this episode, Alice and Lewis explore the intensifying heat domes and extreme weather events linked to climate change, with insights from groundbreaking research.
UK Retail Sector Faces Ninth Consecutive Month of Decline
Alice and Lewis analyze the latest CBI Distributive Trades Survey, revealing a bleak outlook for UK retailers as sales volumes continue to plummet.
Sizewell C: The UK's Nuclear Power Milestone and Its Implications
The UK government gives the green light to the Sizewell C nuclear plant, a £38 billion project to provide clean energy for 6 million homes by 2035. We explore the investment structure, risks, and long-term benefits for the UK's energy transition.
The New Mortgage Guarantee Scheme: What You Need to Know
Chancellor Reeves introduces a new mortgage guarantee scheme to support first-time buyers, but what does it mean for the market and taxpayers?