Each day The Manufacturer compiles the top manufacturing news stories from around the web. To make your life a little easier, we trawl through all the major trade publications, broadsheets and business magazines to find you the most important manufacturing news each morning. Don't forget to bookmark this page and check back daily.
Aircraft orders more than three quarters lower than May 2023, despite healthy backlog, says ADS Group
Seventy-nine per cent fewer aircraft orders were placed in May 2024 than in May 2023, meaning year-to-date orders are now 14% behind the same point last year, the latest figures from ADS Group show.
This contrasts with orders in the first four months of the year, which were tracking 16% above the same period in 2023. More via The Manufacturer
Group launched to strengthen links between academia and the automotive industry
A new group, which will strengthen links between academia and the automotive sector has been launched by the Advanced Propulsion Centre UK (APC).
The Academic Advisory Group (AAG), created to address automotive industry challenges, marks the beginning of a new academic and industry partnership. More via The Manufacturer
UK planning laws deter investment, says drugs giant
The boss of the world’s most valuable pharmaceutical company has told the BBC that the UK’s planning system puts companies off investing in the country.
Dave Ricks, chief executive of the obesity drug manufacturer Eli Lilly, said he had considered building a factory in the UK in the last decade, but chose another country instead. More via BBC News
Industry ready to work with government on ZEV transition, says SMMT chief
The Chief Executive of the Society of Motor Manufacturers & Traders (SMMT) has said that the automotive industry is ready to work with the next government to drive the UK’s zero-emission vehicle (ZEV) transition. More via The Manufacturer
Major car brand invests billions into EV maker in bid to rival Tesla
A major car brand is investing billions into an EV maker as it looks to take on Tesla.
The electric vehicle start-up Rivian will have £3.95bn ($5bn) pumped into it after striking the deal with Volkswagen. More via The Sun
