The British car industry is on life support and the prospects for aid from the government are dim.
The British car industry is on life support and the prospects for aid from the government are dim, says Bloomberg Hyperdrive.When the Second World War ended, lots of American service personnel shipped cars back home from England — MGs, Triumphs, Austin Healeys, Jaguars, even an Aston Martin or two. America went gaga over these small, light, efficient vehicles, which were so different from anything ever seen from a US manufacturer.
by B.S. Levy. It is a lurid, licentious, and often amusing account of the rise of sportscar racing in post-war America. If you find yourself laughing out loud, don’t say you weren’t warned. Then disaster struck. Thanks to ongoing quality issues and a failure to innovate , the British auto industry imploded and the Germans swept in to pick up the pieces. BMW scooped up Rolls Royce and Mini. Volkswagen grabbed Bentley. Ford came along later to buy Jaguar and Land Rover.
“It’s a bleak picture in stark contrast with the US, where car and battery manufacturers are being wooed with billions of dollars as President Joe Biden challenges China’s dominance of the global EV supply chain. That effort has gotten the attention of German Chancellor Olaf Scholz and French President Emmanuel Macron, who are hatching plans to promote and protect their car companies and suppliers.
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