UK car production grows 14.8% in November with 91,923 cars leaving factory gates. Volumes for home and overseas rise by 13.4% and 15.2% respectively. Output year-to-date increases 16.5% to 843,345 units with record EV production levels. UK car production rose 14.8% in November, according to the latest figures published today by the Society of Motor… Continue reading Christmas comes early for carmakers with production up in November
Author: SMMT_UK_Manufacturers Official News
SMMT statement on rules of origin announcement
21 December 2023 #SMMT News #Statements Mike Hawes, SMMT Chief Executive, said: Deferring the rules of origin is a win for motorists, the economy and the environment. Maintaining tariff-free trade in EVs will ensure consumers retain the widest and most affordable choice of models, at a time when we need all drivers to make the… Continue reading SMMT statement on rules of origin announcement
November 2023 new car pre-registration figures
19 December 2023 #Pre-Registration SMMT released figures for November pre-registrations in the UK new car market. The data shows the number of cars disposed of by vehicle manufacturers in November 2023 that were defined as pre-registrations. Download the November 2023 release Go to Source
UK Automotive welcomes plan to extend EV trade rules and calls for urgent adoption to avoid tariff cliff-edge
06 December 2023 #SMMT News #Statements The UK automotive industry has today welcomed the European Commission’s proposal to extend the current rules of origin for electric vehicle batteries under the Trade Cooperation Agreement (TCA) until 2027 – and urged every government to back it. The Society of Motor Manufacturers and Traders (SMMT) said extending the… Continue reading UK Automotive welcomes plan to extend EV trade rules and calls for urgent adoption to avoid tariff cliff-edge
New van demand grows for 11th month but EV uptake needs 2024 boost
UK new light commercial vehicle market rises for 11th month in a row, up 12.7% to 27,433 units in November. Demand for medium sized vans more than doubles, up 161.1%, but large vans still most popular as operators opt for payload efficiencies. Second monthly decline in battery electric van uptake fails to derail YTD gains,… Continue reading New van demand grows for 11th month but EV uptake needs 2024 boost
Fleets fuel new car market but only four weeks left to fix EV trade challenge
New car registrations reach 156,525 – up 9.5% on last November and just -0.1% down on pre-pandemic levels. Battery electric vehicle uptake declines compared with bumper month last year, but year to date uptake up 27.5%. Three-year deferral to Rules of Origin needed to avoid EV tariffs and support zero emission transition. SEE CAR REGISTRATIONS… Continue reading Fleets fuel new car market but only four weeks left to fix EV trade challenge
CV sector returns to growth in best October since 2008
UK commercial vehicle production returns to growth, rising 47.1% in October as 12,853 units roll out of factory gates. Growth recorded in both export and domestic markets, up 47.0% and 47.2% respectively. Year-to-date output increases significantly by 15.3%, driven by exports, of which nine in 10 head to the EU. Strength of market sees latest… Continue reading CV sector returns to growth in best October since 2008
UK car production up again as inward investment surges
UK car manufacturing output up 31.6% in October with 91,521 units rolling out of factories. Production for home and overseas markets up 23.9% and 33.4% respectively. Year-to-date volumes up 16.7% driven by exports with some eight in 10 cars shipped aboard. Inward investment flooding into sector as latest light vehicle production outlook revised up towards… Continue reading UK car production up again as inward investment surges
SMMT announces new President – Mick Flanagan, Vice President, Adient
The 83rd President of the Society of Motor Manufacturers and Traders (SMMT) will be Mick Flanagan, Vice President for Volvo, JLR, Toyota, Nissan at Adient. Announced last night at SMMT’s 106th Annual Dinner, he will assume office from 1 January 2024, replacing Alison Jones, Senior Vice President Global Circular Economy at Stellantis, who steps down… Continue reading SMMT announces new President – Mick Flanagan, Vice President, Adient
UK Auto manufacturing charges up with £20bn investment boost in 2023
UK automotive manufacturing secures £20 billion in investment over the course of 2023 – more than in the previous seven years combined. Private sector commitments bolstered by government funding and as part of advanced manufacturing plan to ensure UK remains a global manufacturing, innovation and trade hub. Shift to zero emission cars, vans, trucks and… Continue reading UK Auto manufacturing charges up with £20bn investment boost in 2023