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Shielding The Automotive Sector From The Negative Consequences Of Brexit

A vehicle is literally composed of manufactured components from hardware to accessories that compliment the vehicle’s body. Many of the parts can be purchased and replaced to maintain its performance. For example, car tyres need to be replaced when the treads are already too shallow not only for function but for road safety.

In the United Kingdom, the proportion of car components that are manufactured and used in the vehicles assembled in Britain has risen to 44%. This is a sign that the efforts to rebuild a supply chain that would shield the automotive sector from the negative consequences of Brexit are successful.

The percentage has increased gradually from the 36% in 2011 to 41% in 2015. Recent estimation of the Automotive Council for 2017 is 44%. The numbers reflect the £2 billion investment made by the UK over the past 3 years, largely by vehicle component manufacturers that are based overseas that have been responding to the British car renaissance with their output almost reaching record levels.

On the other hand, the automotive industry is heavily reliant on the European Union for the exports of UK-made cars and components that have been manufactured in continental Europe. These vehicle components are used in UK’s vehicle assembly. Previously, car components for UK-made vehicles account for more than half of those that are used in the vehicles manufactured in British factories but ever since the domestic supply chain dwindled, many of the manufacturers disappeared during the 1990’s and 2000’s.

UK deemed it important to rebuild the supply chain otherwise UK car plants will face the possibility of tariffs and other barriers on the vehicle parts that are being imported into the county once the UK finally leaves the EU. Since UK car factories are dependent on the timely delivery of components from within UK and overseas sources, anything that holds up the process can be costly and puts the UK car manufacturers at a disadvantage.

Gold Coast Tyres is your best option if you are looking for consistent quality, price and professionalism. They have the knowledge and expertise to ensure that the tyres of your vehicle are precision-tested for performance and safety.

Shielding The Automotive Sector From The Negative Consequences Of Brexit

A vehicle is literally composed of manufactured components from hardware to accessories that compliment the vehicle’s body. Many of the parts can be purchased and replaced to maintain its performance. For example, car tyres need to be replaced when the treads are already too shallow not only for function but for road safety.

In the United Kingdom, the proportion of car components that are manufactured and used in the vehicles assembled in Britain has risen to 44%. This is a sign that the efforts to rebuild a supply chain that would shield the automotive sector from the negative consequences of Brexit are successful.

The percentage has increased gradually from the 36% in 2011 to 41% in 2015. Recent estimation of the Automotive Council for 2017 is 44%. The numbers reflect the £2 billion investment made by the UK over the past 3 years, largely by vehicle component manufacturers that are based overseas that have been responding to the British car renaissance with their output almost reaching record levels.

On the other hand, the automotive industry is heavily reliant on the European Union for the exports of UK-made cars and components that have been manufactured in continental Europe. These vehicle components are used in UK’s vehicle assembly. Previously, car components for UK-made vehicles account for more than half of those that are used in the vehicles manufactured in British factories but ever since the domestic supply chain dwindled, many of the manufacturers disappeared during the 1990’s and 2000’s.

UK deemed it important to rebuild the supply chain otherwise UK car plants will face the possibility of tariffs and other barriers on the vehicle parts that are being imported into the county once the UK finally leaves the EU. Since UK car factories are dependent on the timely delivery of components from within UK and overseas sources, anything that holds up the process can be costly and puts the UK car manufacturers at a disadvantage.

Gold Coast Tyres is your best option if you are looking for consistent quality, price and professionalism. They have the knowledge and expertise to ensure that the tyres of your vehicle are precision-tested for performance and safety.

Scuderia Ferrari, Heart Of The Legendary Prancing Horse

Scuderia Ferrari, Heart Of The Legendary Prancing Horse

April 4, 2016 – When it comes to the automotive industry, Ferrari is definitely one of the most popular names today. Founded and named after racing legend Enzo Ferrari, Ferrari is now one of the leading brands of luxury sports cars. According to Brand Finance, Ferrari is the world’s most powerful brand and its 1962 Ferrari 250 GTO became the most expensive car in history in May 2012 with a $38, 115, 000 selling price.

But before it became an industry-leading brand, Ferrari was borne from a humble beginning. Back in 1929 when Enzo Ferrari formed the famed Scuderia Ferrari in Maranello, Italy, he had no intention of producing road cars.  Back then, the main goal of Scuderia Ferrari, (scuderia meaning stable), was to prepare and field Alfa Romeo race cars for gentlemen drivers. There was also a time when Scuderia Ferrari was disbanded. However, it was fate that brought back the Scuderia after many challenging years and WWII.

In 1947, Ferrari began to build its own cars and founder Enzo Ferrari had to sell all his automobiles to fund Scuderia Ferrari. After that, the rest is history.

There had been many changes in factory in the past half-century. The company had made it their goal to constantly improve quality of care and their construction at the same time, keeping their commitment to performance. After a few years, in 1972, Ferrari had built its own test track, the Fiorano Track, next to their manufacturing plant. At first, the track measured 3 km or 1.86 miles but a sharp corner was replaced by a bend in 1996 thus adding an additional 24 meters or 78 feet to the test track. The track is now where Ferrari tests out their Formula One and GT cars. Over the years, Ferrari had produced many notable luxury sports cars like the Ferrari 250, Ferrari La Ferrari and the new Ferrari 488.

Scuderia Ferrari is also where Enzo Ferrari had built his house up to where he died in 1988 at the ripe age of 90.

To visit Scuderia Ferrari, you would have to be a Ferrari owner or invited by a Ferrari dealer. However, if you know someone from the inside then you probably could make your visit to the Ferrari hallowed grounds.