Essential networking event to form part of new Automotive Supply Chain Forum at Automechanika Birmingham. More than 1,400 successful business introductions delivered since Meet the Buyer’s inception. Automotive supply chain sector adds £4.2 billion value to UK economy. The Society of Motor Manufacturers and Traders’ (SMMT) Meet the Buyer event will return to Automechanika Birmingham… Continue reading SMMT’s Meet the Buyer returns to Automechanika Birmingham with new Automotive Supply Chain Forum
Author: SMMT_UK_Manufacturers Official News
Colours put in the shade as grey matters most to UK car buyers
Grey is UK’s most popular new car colour for fifth consecutive year with 25.7% market share, followed by black and white to complete a monochrome podium. Maroon, pink and cream were bottom of the charts, taking just 0.02% of all registrations combined. Green enjoys resurgence with biggest volume uplift of +13,293 units while electric vehicles… Continue reading Colours put in the shade as grey matters most to UK car buyers
SMMT statement on Energy Bills Discount Scheme
09 January 2023 #SMMT News Mike Hawes, SMMT Chief Executive, said: A new energy support scheme to help all businesses next winter is welcome. Energy remains the second largest automotive manufacturing input cost and UK businesses already face the highest electricity costs in Europe. However, automotive will not qualify for the additional higher-level support afforded… Continue reading SMMT statement on Energy Bills Discount Scheme
New van registrations fall in 2022 as market looks towards net zero rebuild
UK new light commercial vehicle (LCV) registrations end the year down -20.6% following significant post-pandemic fleet renewal in 2021 and supply chain challenges. 16,744 battery electric vans (BEV) registered in 2022, representing 5.9% of all vans joining UK roads last year. Action needed to deliver van-suitable charging infrastructure and a fiscal framework to encourage more… Continue reading New van registrations fall in 2022 as market looks towards net zero rebuild
Chip crisis subdues new car market but EVs now second only to petrol
Supply chain shortages subdue new car market to 1.61m units in 2022 – a -2.0% fall on pandemic-afflicted 2021 – but UK reclaims position as Europe’s second biggest market. Battery electric vehicles secure best ever monthly market share and become Britain’s second most popular powertrain for the year. Rising registrations see market improvement in last… Continue reading Chip crisis subdues new car market but EVs now second only to petrol
New members – December 2022
03 January 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 – December 2022
Exports drive November CV production to new highs
UK commercial vehicle production surges 42.9% in November to 11,343 units, the 11th month of consecutive growth in 2022. Overseas demand grows by 89.4%, while production for the domestic market falls by -9.9%. Year-to-date output reaches 96,890 units, 45.1% above the same period last year. UK commercial vehicle (CV) manufacturing grew by 42.9% in November,… Continue reading Exports drive November CV production to new highs
Good tidings as UK car production grows again in November
November UK car production grows 5.7% with 80,091 cars manufactured. Electrified vehicle output rises 18.3% to 29,318 units and more than a third of total production. Volumes for home market up 59.1% while exports decline -5.0% in the month. UK car production grew for the second consecutive month in November, up 5.7% to 80,091 units,… Continue reading Good tidings as UK car production grows again in November
November 2022 new car pre-registration figures
20 December 2022 #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 2022 that were defined as pre-registrations. Download the November 2022 release Go to Source
New van deliveries down in November but market looks to rebuild
Britain’s new light commercial vehicle (LCV) market declines -22.2% in November as registrations fall to lowest level for the month since 2013. Battery electric van registrations grow 14.8% to 1,974 units in the month, with 15,039 delivered so far this year. Market growth set to return in 2023, but government must take action to support… Continue reading New van deliveries down in November but market looks to rebuild