Commercial vehicle production at 14-year high despite August decline

CV manufacturing falls -10.0% in August, but up still 8.8% on pre-pandemic 2019 figures. Output for export declines by marginal -0.2%, while domestic demand drops by -21.3%. In first eight months, production grows by 5.8% to 78,805 units marking best year-to-date performance since 2010. British commercial vehicle (CV) manufacturing fell -10.0% in August, following July’s… Continue reading Commercial vehicle production at 14-year high despite August decline

Car production falls as factories continue model transition

August car production falls -8.4% in ongoing trend primarily due to model switchovers. Output reaches 41,271 units during traditionally quiet ‘summer shutdown’ month. Production for UK drops by -19.8% as exports decline by more modest -5.9%. UK car production fell by -8.4% in August, according to new figures published today by the Society of Motor… Continue reading Car production falls as factories continue model transition

New members – September 2024

25 September 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 – September 2024

Commercial Vehicle Show appoints new director

Commercial Vehicle Show appoints Mike Costain as new Event Director to bring fresh strategic vision to Britain’s largest trade show for the road transport sector. Appointment follows new strategic partnership between Nineteen Group, SMMT and the RHA, cementing the show’s reputation as the sector’s place to do business. Show set to deliver all-new opportunities for… Continue reading Commercial Vehicle Show appoints new director

100 UK aftermarket firms seek new opportunities at Automechanika Frankfurt

More than 100 businesses from UK’s £56.5 billion aftermarket sector to feature at Automechanika Frankfurt this week. SMMT‘s sold-out UK Pavilion features everything from world-class parts and innovative brake systems to small-volume electric vehicles and best-in-class remanufacturing. Show comes as firms seek new global opportunities to bolster domestic demand from Britain’s growing vehicle parc. More… Continue reading 100 UK aftermarket firms seek new opportunities at Automechanika Frankfurt

Van market ends summer with a return to growth

New light commercial vehicle registrations grow 1.7% in August to 16,575 units in best performance for the month since 2021. Demand continues across all van segments, while 4x4s and pick-ups record declines. EV uptake declines for fifth month this year, dropping -30.3% and highlighting need to bolster confidence, maintain fiscal support and roll out van-suitable… Continue reading Van market ends summer with a return to growth

August new car market holds steady ahead of critical plate change month

New car market stable in traditionally quiet month of August, dipping -1.3% to 84,575 units. Battery electric car demand up 10.8% in month as buyers respond to summer of heavy discounting. Sector calls for renewed focus on measures to help more buyers to go electric as crucial plate change month begins. SEE CAR REGISTRATIONS BY… Continue reading August new car market holds steady ahead of critical plate change month

CV production turns up heat for summer

29 August 2024 #SMMT News #UK Manufacturing Commercial vehicle output soars 71.7% in best July since 2008. Demand grows at home and overseas, up 63.7% and 76.8% respectively. Year-to-date output rises 7.3%, now up 81.1% on pre-pandemic 2019. UK commercial vehicle (CV) manufacturing output soared 71.7% in July to reach 15,252 units, reversing four months… Continue reading CV production turns up heat for summer

Car production slowdown continues as factories gear up for new models

UK car production declines -14.4% in July as model changeovers and temporary supply chain constraints restrict output. Export volumes down -16.3% but domestic demand holds up, declining by just 672 units. Production output value in first seven months of 2024 holds level, despite volume decline. UK car production fell by -14.4% in July, according to… Continue reading Car production slowdown continues as factories gear up for new models

New members – August 2024

27 August 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 – August 2024