New heavy goods vehicle (HGV) registrations rise by 14.9% to 11,531 units in the third quarter of 2023 as pre-pandemic levels of fleet renewal continue. Strong demand for rigid and articulated trucks, up 13.9% and 16.1% respectively. Zero emission trucks record biggest market share of 2023 – but uptake must be accelerated if the sector’s… Continue reading Record zero emission truck uptake as HGV market grows for sixth quarter running
Author: SMMT_UK_Manufacturers Official News
The UK must harness the power of advanced manufacturing
Download Advanced Manufacturing: Powering the UK Economy UK advanced manufacturing can support sustainable regional and national economic growth, but this requires long-term political vision and commitment, according to the leaders of the UK’s five most successful manufacturing sectors. With a general election coming up, a coalition of the UK’s leading advanced manufacturing sectors, the Manufacturing… Continue reading The UK must harness the power of advanced manufacturing
SMMT statement on UK Mexico tariff extension
10 November 2023 #SMMT News Mike Hawes, SMMT Chief Executive: We welcome this pragmatic decision as it avoids duty liabilities from June 2024 which, given the long standing and productive relationship between the UK and Mexican automotive industries, would have undermined our mutual trade. Mexico is among the top 10 global markets for UK car… Continue reading SMMT statement on UK Mexico tariff extension
Used BEV transactions double as second hand market goes green
UK used car market grows 5.5% in Q3 2023, with almost 1.9 million units changing hands. Battery electric vehicle (BEVs) sales soar by 99.9%, recording record 1.8% market share. Market up 4.6% year to date, an increase on 2022, but still -9.3% behind pre-pandemic levels. Download the used car sales report for Q3 2023 The… Continue reading Used BEV transactions double as second hand market goes green
Britain’s new van market rises again but Autumn Statement must pave way for net zero growth
UK new light commercial vehicle market rises for 10th month in a row, up 17.7% to 26,342 units in October. Growth driven by doubling of demand for medium-sized vans, rising by 106.1%, while largest van models still most popular. Battery electric van registrations fall -20.2%, with van-suitable chargepoint rollout and driving licence derogation needed in… Continue reading Britain’s new van market rises again but Autumn Statement must pave way for net zero growth
October new car market beats pre-pandemic levels but subdued EV growth hinders green goals
October delivers 153,529 new car registrations, up 14.3% year-on-year and 7.2% above 2019. Battery electric vehicle (BEV) uptake records 42nd consecutive month of growth but struggles to increase market share, while chargepoint rollout improves in efforts to get ahead of need. New market outlook revised upwards to 1.886 million units with further growth anticipated in… Continue reading October new car market beats pre-pandemic levels but subdued EV growth hinders green goals
September 2023 new car pre-registration figures
02 November 2023 #Pre-Registration SMMT released figures for September pre-registrations in the UK new car market. The data shows the number of cars disposed of by vehicle manufacturers in September 2023 that were defined as pre-registrations. Download the September 2023 release Go to Source
Connected and automated mobility revolution set to deliver £66 billion prize by 2040
UK rollout of connected and automated mobility (CAM) technology poised to deliver annual economic benefit as high as £66 billion by 2040, major new report shows. Tech could help save 3,900 lives and prevent 60,000 serious accidents – while adding 342,000 additional jobs, with 12,250 directly in automotive manufacturing by 2040. British public to benefit… Continue reading Connected and automated mobility revolution set to deliver £66 billion prize by 2040
British CV production dips in September
UK commercial vehicle (CV) manufacturing output dips -5.2% in September to 11,352 units. Production for domestic market rises 10.3% while exports decline -15.1%. Overall year-to-date volumes remain up by a significant 11.4% at 85,540 units. UK commercial vehicle (CV) production dipped in September, down -5.2% year on year, according to the latest figures published today… Continue reading British CV production dips in September
Britain’s carmakers deliver best September since 2020 but action needed to protect EV exports
UK car manufacturing grew 39.8% in September, the strongest month of growth in 2023, with 88,230 units leaving British factories. Rise in production driven by 32.2% exports uplift – with almost six in 10 going to the EU – while deliveries for the UK market surge by 65.9%. Electrified vehicle output rises by 41.5%, but… Continue reading Britain’s carmakers deliver best September since 2020 but action needed to protect EV exports