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AUTOMOTIVE

MORGAN RYDER ASSOCIATES | DEDICATED TO WORLD-CLASS MANUFACTURING, ENGINEERING, AND THIRD-PARTY LOGISTICS

​The UK made more cars in 2015 than any year since 2005 with a total of 1,595,697 vehicles.  Production increased 3.9% on 2014, with output at 1,587,677 overtaking pre-recession levels for the first time.  A record number of cars (77.3% of total production) was for export, with 1,227,881 units leaving the UK.  Eight brand new car models were produced in UK plants in 2015 with a further £2.5 billion of fresh investment committed to the sector in the same year.

Our Automotive experience spans all corners of the supply chain including;

  • OEM Final Assembly 

  • Tier One & Two Suppliers - manufacturing, JIT assembly, and Supply In-Line Sequence (SILS)

  • Interior and Exterior Systems

  • Chassis & Driveline

  • Precision Engineering

  • Switchgear, Wiring Harness and Electronics

  • Passenger, Commercial, Off-Highway​

Looking at the Economist’s predictions we see the key trends that will impact the automotive in 2022: growth in electric vehicles & commercial vehicles, trade barriers & tariffs and digitalisation. 

1. Growth in electric vehicles

2022 is a whole new story. The market is growing, it’s growing fast and it’s growing everywhere.

Carried by a decarbonisation challengemost leading nations now take electric vehicles seriously, global EV sales keep accelerating in 2022. Looking at the first five months of the year, more than 3.2 million new plug-in cars were registered worldwide.

The increase in electric car registrations in Europe, where numbers are accelerating a lot faster than elsewhere since 2019, can be attributed to stimulus measures introduced by many governments.Major markets have also introduced tax benefits and subsidies, which contributed to the sales growth.

2. Increase in worldwide sales

Worldwide car sales grew to around 66.7 million automobiles in 2021, up from around 63.8 million units in 2020. The sector experienced a downward trend on the back of a slowing global economy and the advent of the coronavirus pandemic in all key economies.
It had been estimated pre-pandemic that international car sales were on track to reach 80 million. Although the latest figures show an improvement from previous estimates, the industry's economic woes continue, and demand for new motor vehicles declined in 2020. South America and Europe were among the hardest-hit regions, with auto sales in these regions contracting by about one-fourth year-on-year.

The good news is that OEMs are making more electric delivery vehicles than ever before, so in 2022 there’s no excuse not to swap the white van for a green van and make each and every delivery zero-emission.

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