New members – January 2024

25 January 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 – January 2024

Exports drive CV production in best year since 2010

UK commercial vehicle production rises 18.5% to 120,357 units in best year since 2010. Growth in both export and domestic markets, up 25.8% and 7.4% respectively in 2023. December closes off positive 12 months, with output up 80.3% to 8,490 units. UK commercial vehicle (CV) production increased by 18.5% in 2023 with 120,357 vans, trucks,… Continue reading Exports drive CV production in best year since 2010

SMMT statement on CE recognition

25 January 2024 #SMMT News #Statements Mike Hawes, SMMT Chief Executive Recognising CE marking indefinitely is very welcome and a common sense decision that will benefit the motorist and the competitiveness of the UK automotive industry. It means that thousands of aftermarket and supply chain businesses can continue to source vital automotive parts without unnecessary… Continue reading SMMT statement on CE recognition

SMMT statement on MOT consultation

25 January 2024 #SMMT News #Statements Mike Hawes, SMMT Chief Executive, said: Government and the automotive industry have worked together to ensure the UK has some of the world’s safest roads. The decision to retain the existing MOT system is the right one, helping maintain this proud record and giving drivers confidence in car and… Continue reading SMMT statement on MOT consultation

UK Auto makes one million vehicles and welcomes £23.7 billion investment boost

UK vehicle production tops one million units, up 17.0% in best year since 2019. 905,117 cars and 120,357 commercial vehicles made, with record electrified model output. £23.7 billion of private and public investment commitments announced in 2023. UK must now ramp up EV supply chain and deliver return on investments. UK vehicle production hit 1,025,474… Continue reading UK Auto makes one million vehicles and welcomes £23.7 billion investment boost

More motorists go green but grey is still the colour of choice

Grey is Britain’s most popular new car colour for the sixth consecutive year, topping half a million registrations. Black and white complete trio of best-selling colours, marking sixth year of an identical monochrome podium. Green cars reach highest share of market since 2004. Cream, pink and maroon are Britain’s rarest colours, comprising just 0.03% of… Continue reading More motorists go green but grey is still the colour of choice

UK demand for new vans grows in every month of 2023 – as businesses go electric in record numbers

Britain’s new light commercial vehicle (LCV) registrations rise 21.0% in 2023 as businesses and fleets invest in 341,455 vehicles carrying out essential roles in UK economy. Record battery electric van (BEV) uptake as 20,253 units registered, up 21.0%, with almost 60,000 joining UK roads since 2019. As ambitious Zero Emission Vehicle Mandate requires BEVs to… Continue reading UK demand for new vans grows in every month of 2023 – as businesses go electric in record numbers

New car market delivers best year since 2019 as fleets fuel growth

New car registrations reach 1.903 million in 2023 – up 17.9% as fleet investment accelerates. Battery electric vehicle volumes reach record high but market share slips to 16.5%. Industry calls on government to halve EV VAT, to put more than a quarter of a million extra zero emission vehicles on the road and cut five… Continue reading New car market delivers best year since 2019 as fleets fuel growth

New members – December 2023

02 January 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 – December 2023

Best November for CV production since 2007

UK commercial vehicle production up 16.8% to 13,253 units in best November since 2007. Overseas demand up 18.3% while orders for UK buyers rise 13.4%. Year-to-date output surges 15.5% to 111,863 units with new production facilities boost to volumes. UK commercial vehicle (CV) production grew again in November, according to the latest figures published today… Continue reading Best November for CV production since 2007