Moneyshake Car Round-Up: A Century Of MG, Toyota Closing 14 Manufacturing Plants And More!< Back to blog
We’re back with the latest Moneyshake Car Round-Up, bringing you fresh news from the car industry. Read on to get your fill of new car news!
MG celebrates 100 years
Despite being owned by Chinese manufacturing company SAIC Motor, MG still has a rich history that ties it to being quintessentially British.
In the past, MG was renowned for creating affordable sports cars, some of which you’ll see whizzing about the countryside when we get a nice sunny day. That’s because they’re considered collectors’s items and hold a fond place in the hearts of purist drivers.
Since 1925 the brand has always been hell-bent on gifting the masses affordable cars that they can even consider brand-new, without being hit with eye-watering upfront prices.
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Toyota to close 14 manufacturing plants following cyber attack
Toyota, the world’s biggest manufacturer, will shut down all 14 of its factories in Japan after a possible cyber-attack.
The brand’s production target for this year is 8.5 million vehicles, and the closure will reportedly set this back by about 13,000 cars.
Toyota’s production has been hit by the global semi-conductor shortage, like most other manufacturers.
The shutdown has included some plants operated by Toyota-affiliated Hino Motors and Daihatsu Motor.
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New Dacia Jogger gets one-star Euro NCAP safety rating, but is the firm’s “safest ever” car
Engineering bosses at Dacia have reaffirmed their point that its latest model, the Dacia Jogger, is the “safest ever” vehicle in its range, despite only receiving a one-star safety rating from Euro NCAP.
The Jogger has no suitable electronic safety assistance features and does not have a seatbelt reminder for its third row of seats. However, Marc Suss, Dacia’s vice president of engineering, said: “This is the result of our choices. We did not implement a seatbelt reminder on the third row because when you want to extract the seats, you need to disconnect and reconnect some electronic features.
“This is not what we call essential. We made the choice to keep it simple for our customers. Each time we are putting a new car on the market, it is the safest Dacia ever. It is far safer than the Logan and other cars. Even compared to most of the cars in the market, we are providing cars with a level of safety features that are far above.”
According to the brand, the decision to leave out “unwanted or unnecessary features” forms a part of its ‘Smart Engineering’ strategy, which reinforces the importance of frugality, simplicity, sustainability and durability.
Smart announce new #1 electric SUV
On paper, it looks like quite the promising motor, too. According to the manufacturer, it has an official range of 273 miles between charges, smart LED ‘strip’ lights on the front and rear, concealed door handles that make it look ultra-modern. Step inside and this theme continues, with a youthful, funky and tech-savvy design that’s defined by a large 12.8-inch central touchscreen display which comes ready with a 3D interface and an AI-driven infotainment system.
Performance in the Smart #1 is expected to be adequate, but is unlikely to set any records anytime soon. The Smart #1 deploys a single motor on the rear axle that comes with 268bhp and 253lb ft of torque. Max speed is sufficient at 112mph, although the 0-62mph isn’t available yet.
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VW predicts chip shortage will last until 2024
In the past two years, the car industry has been blighted by a global chip shortage that has meant incredibly long delays for new vehicle deliveries.
According to a Volkswagen board member, the problem won’t be going away anytime soon, either. Wolfsburg expects the global chip shortage to continue for another two years. Group finance chief Arno Antlitz warned that supplies of semiconductors will not return to normal until 2024.
“We see a structural undersupply in 2022, which is only likely to ease somewhat in the third or fourth quarter.” Antlitz told Boersen-Zeitung, a German newspaper. “The situation should improve in 2023, but the structural problem will not yet have been fully resolved.”
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