Month: October 2020

Automotive Ignition System Market Research 2020: Competitive Landscape and Development Model in Different Regions of The World

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Oct 07, 2020 (The Expresswire) —
“Final Report will add the analysis of the impact of COVID-19 on this industry.”

Automotive Ignition System Market” has several changes in recent years and expected to vary significantly within the forecast year because of developments in production sources, shifts in consumer preferences changes to business policies. Automotive Ignition System Market is gaining important adoption among recent business across the globe. Global Automotive Ignition System Market Report 2020 gives complete research about the industry size by key players, regions, product types and end user with history data and forecast data to 2025. This report analyses the Automotive Ignition System with respect to individual growth trends, future prospects, and their contribution to the total market.

Get a Sample Copy of the Report at- https://www.industryresearch.co/enquiry/request-sample/16344252

Most important Regions play dynamic role

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Car sales slump to 20-year September low despite new reg plates

Mike Hawes, SMMT chief executive, said: “During a torrid year, the automotive industry has demonstrated incredible resilience, but this is not a recovery. Despite the boost of a new registration plate, new model introductions and attractive offers, this is still the poorest September since the two-plate system was introduced in 1999.

“Unless the pandemic is controlled and economy-wide consumer and business confidence rebuilt, the short-term future looks very challenging indeed.”

However, the decline is not entirely down to motorists reining in their spending, according to trade group the National Franchised Dealers Association.

It said that dealers had experienced “strong” demand with “high levels of enquiries”, but supply problems had held back a number of manufacturers so they had been unable to get cars to buyers.

Sales of cars to private motorists, which represent roughly half of the total, were down 1.1pc in the month, while those to fleet buyers such

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Brexit blow to car industry as EU rejects crucial UK plan to avoid export tariffs

The EU wants to prevent the UK being an offshore assembly hub – as it seeks to woo manufacturers across the Channel (PA)
The EU wants to prevent the UK being an offshore assembly hub – as it seeks to woo manufacturers across the Channel (PA)

Brexit has delivered another blow to the struggling UK car industry after the EU rejected a crucial UK plan to avoid tariffs on exports.

Ministers had asked for parts brought in from Japan, South Korea or Turkey to be treated as British, to qualify under strict rules-of-origin if a trade agreement is struck.

But, in a letter to car bosses, Britain’s chief Brexit negotiator has admitted he has failed to persuade the EU to accept the proposal – and “obviously cannot insist on it”.

It means exports now face tariffs unless the majority of their value originates from the UK or EU. Typically, the figure is only 44 per cent for a car assembled in this country.

The EU rejected the idea because it saw the UK

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