Author: SMMT_UK_Manufacturers Official News

Motorists back safety and year three MOT over 23p a week saving

67% of UK car owners support keeping first MOT test at three years rather than extending to four. 74% say typical MOT cost of £35-£45 is a price worth paying for peace of mind with nine in 10 preferring other ways to save money. Automotive industry calls on government to maintain MOT frequency in its… Continue reading Motorists back safety and year three MOT over 23p a week saving

SMMT statement on the Spring Budget 2023

15 March 2023 #SMMT News Mike Hawes, SMMT Chief Executive, said, We face fierce international competition so it was pleasing to hear the Chancellor directly reference industrial strategy and measures to attract investment. Tax breaks for capital expenditure, which the industry has long called for, extensions to climate change agreements plus action to alleviate the… Continue reading SMMT statement on the Spring Budget 2023

Turbocharge UK competitiveness to win Race to Zero prize, auto industry urges

New blueprint highlights Britain’s electric vehicle investment advantages but warns of fierce competition as other countries boldly back their own industries. Almost every EV component already built in UK plants, but need to scale up capacity rapidly to secure long-term future. Industry urges government to get behind £67 billion automotive sector and pitch positively to… Continue reading Turbocharge UK competitiveness to win Race to Zero prize, auto industry urges

Best February in quarter of a century for UK van market

Light commercial vehicle (LCV) registrations grow 8.5% in best February performance since 1998. Rising deliveries driven by demand for large vans, increasing by 14.0%, and small vans, up by 5.2%. Second month of growth in 2023 drives year-to-date market up 17.5% as supply chain constraints ease. SEE LCV REGISTRATIONS BY BRAND DOWNLOAD PRESS RELEASE AND… Continue reading Best February in quarter of a century for UK van market

UK new car market posts seventh straight month of growth

Britain’s new car market rises 26.2% in February, in seventh consecutive month of growth. Battery electric deliveries rise 18.2%, with all plug-in cars taking almost a quarter market share. Plug-in uptake set to near half a million units in 2023, but Spring Budget measures needed to ensure a fair net zero transition for UK motorists.… Continue reading UK new car market posts seventh straight month of growth

SMMT statement on Windsor Framework

27 February 2023 #SMMT News Mike Hawes, SMMT Chief Executive: The new agreement over post Brexit trade between the UK and the EU is a welcome development if it allows for the streamlined flow of goods, including vehicles and automotive components, between Great Britain, Northern Ireland and the EU single market. We must now build… Continue reading SMMT statement on Windsor Framework

New members – February 2023

27 February 2023 #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 – February 2023

British CV output up in best start to year since 2012

24 February 2023 #SMMT News #UK Manufacturing January CV production increases 35.6% to 9,299 units, the best start to a year since 2012. Output rises for both domestic and overseas markets, up 36.2% and 35.1% respectively. Exports drive growth, with nearly six in ten CVs built for international markets. UK commercial vehicle (CV) production grew… Continue reading British CV output up in best start to year since 2012