Author: SMMT_UK_Manufacturers Official News

SMMT’s Meet the Buyer returns to Automechanika Birmingham 2025

SMMT’s flagship Meet the Buyer back at Automechanika Birmingham 2025 as part of Automotive Supply Chain Forum. Key event matches automotive buyers with suppliers to develop meaningful business connections. Feedback from latest edition shows nearly nine-in-10 meetings delivered a positive outcome. The Society of Motor Manufacturers and Traders’ (SMMT) flagship Meet the Buyer event will… Continue reading SMMT’s Meet the Buyer returns to Automechanika Birmingham 2025

Industry unites to fight the electric fear

New initiative launched to combat misinformation surrounding electric vehicles Auto Trader, ChargeUK and the Society of Motor Manufacturers and Traders have committed to promote a set of user-friendly facts about electric cars, endorsed by the Department for Transport Research shows a significant proportion of consumers believe myths such as “electric vehicles are more likely to… Continue reading Industry unites to fight the electric fear

UK gets bus boost with year and a half of growth

Number of new buses, coaches and minibuses joining UK roads up a third in Q3, marking six consecutive quarters of market growth. Demand rises in every segment with strongest growth in new minibus and single decker markets. Sector continues to lead road transport decarbonisation with ZEVs representing a fifth of registrations YTD. SEE BUS &… Continue reading UK gets bus boost with year and a half of growth

HGV market slows down as demand normalises following bumper year

Heavy goods vehicle market falls by -6.0% in quarter compared with last year’s significant uptake. Decline driven by fall in demand for largest trucks, but overall uptake still above pre-pandemic levels. Zero emission truck market shrinks for first quarter this year, but share of overall market holds steady for year to date. SEE HGV REGISTRATIONS… Continue reading HGV market slows down as demand normalises following bumper year

Pre-loved EVs soar to record levels as used car market goes green

Used car market up 4.3% in Q3, marking seventh quarter of growth as almost 2 million vehicles change hands. Pre-loved EVs soar by 57.0% to 53,423 units, recording largest ever market share at 2.7%. Industry calls for urgent review of new EV market support and regulation to keep UK’s transition on track. Download the used… Continue reading Pre-loved EVs soar to record levels as used car market goes green

New van market hits three year high but EVs need boost

Demand for new light commercial vehicles rises by 2.4%, delivering best October performance in three years. Growth attributable to small and medium vans, but future of new pickup market at serious risk. Plug-in Van Grant extension welcome but further and more holistic support needed, as electric van uptake remains -1.9% down in 2024. SEE LCV… Continue reading New van market hits three year high but EVs need boost

EV deliveries rise in October as overall market shrinks

New car market falls by -6.0% in October, as businesses, fleets and private buyers register 9,241 fewer vehicles. Battery electric the only powertrain to see uptake rise as manufacturers continue to subsidise transition with billions in unsustainable discounting. One in five BEV models now retailing for less than the average petrol or diesel but consumer… Continue reading EV deliveries rise in October as overall market shrinks

SMMT statement on the Budget 2024

30 October 2024 #SMMT News Mike Hawes, SMMT Chief Executive, said, The Chancellor is right to set out measures to address the deficit while investing for future growth. The automotive industry is a growth-driving sector, fundamental to the delivery of the country’s net zero ambitions. We therefore welcome today’s commitment of £2 billion of automotive transformation… Continue reading SMMT statement on the Budget 2024

New members – October 2024

25 October 2024 #SMMT News Find out below who has joined the premier automotive trade association and what they get from membership: SMMT data services Extensive market data providing key information to assist marketing and promotional activity, and future business opportunities. Developing business opportunities SMMT’s targeted events and Automotive Supplier Finder (ASF) service helps facilitate… Continue reading New members – October 2024