CV production still strong despite supply chain-constrained first half year fall

UK commercial vehicle (CV) manufacturing falls -2.9% to 56,956 units in first half of 2024 but still a third above pre-pandemic five-year average. Export demand remains robust, up 3.6% year-to-date with seven in 10 vehicles shipped overseas, as production for domestic market falls by -14.8%. Latest independent outlook expects factories to turn out some 111,000… Continue reading CV production still strong despite supply chain-constrained first half year fall

Car production down in first half as manufacturers invest in electric future

UK car production dips -7.6% in first half of 2024 as manufacturers continue switch to electric models. Electrified vehicle production YTD also down -7.6% to 157,224 units, representing 37.8% of total output. Latest independent production outlook anticipates UK producing some 910,000 cars and light vans this year, down -9.3%, as factories repurpose. Sector looks forward… Continue reading Car production down in first half as manufacturers invest in electric future

Auto makers can drive UK’s green growth agenda with carbon emissions halved

25th automotive Sustainability Report shows UK vehicle manufacturers surpass major milestone with CO2 emissions per vehicle produced halved since 1999. More vehicles made but less energy used in 2023 with an -18% decline in CO2 emissions from factory production. Enhancing UK’s competitiveness could help deliver more than a million British-built zero emission vehicles every year… Continue reading Auto makers can drive UK’s green growth agenda with carbon emissions halved

SMMT statement – welcome to Labour

05 July 2024 #Statements Mike Hawes, SMMT Chief Executive: We congratulate Sir Keir Starmer and the Labour Party on their election success. The new government’s commitment to an industrial strategy and its already published Automotive Sector Plan can boost manufacturing competitiveness, enhance trade relations and support consumers. The industry is fundamental to the achievement of… Continue reading SMMT statement – welcome to Labour

Van market records best first half since 2021 despite June decline

New light commercial vehicle market falls in June, down -4.5%, after record-equalling 17 month growth run ends. Sector records best first six months since 2021, with market up 4.5% on last year as 177,620 new vans, pickups and 4x4s delivered. Battery electric van demand declines for third month this year, down -16.8%, highlighting urgent need… Continue reading Van market records best first half since 2021 despite June decline

New car market hits ‘million motors’ milestone at half year

New car market grows 1.1% in June to reach 179,263 units – and breaks million motors mark at the half year point for first time since 2019. Battery electric cars record highest monthly market share since December 2023, but uptake in year to date remains stable at 16.6%. Industry calls on next government to back… Continue reading New car market hits ‘million motors’ milestone at half year

Commercial vehicle production falls in May

UK commercial vehicle (CV) manufacturing declines -59.3% to 4,400 units in May. Output for domestic and export markets falls -52.2% and -61.9% respectively, but exports remain up in the year to date. Overall year to date volumes dip by -3.2% to 45,439 units, a fall equivalent to 1,492 units. UK commercial vehicle (CV) manufacturing fell… Continue reading Commercial vehicle production falls in May

Car manufacturing dips as factories switch to electric models

27 June 2024 #SMMT News #UK Manufacturing UK car manufacturing output down -11.9% in May as factories continue to retool for an electric mobility future. Almost 70,000 cars made, with output for the UK rising by 9.7% as exports decline by -17.4%. SMMT’s Vision 2035: Ready to Grow shows how output could surpass a million… Continue reading Car manufacturing dips as factories switch to electric models

New members – June 2024

26 June 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 – June 2024