Britain’s new car market grows for fourth month running, up by 23.5% in November, at 142,889 units. Plug-ins account for more than one in four (27.7%) new registrations as battery electric vehicles (BEVs) take their largest monthly share of the new car market in 2022. SMMT calls for urgent government action to deliver charging infrastructure… Continue reading Company cars and EVs drive November market bounceback
Author: SMMT_UK_Manufacturers Official News
UK Automotive calls for urgent action plan to safeguard £14bn recovery as investment deadlines loom
Industry outlook highlights strategic importance of Automotive to Britain’s economic recovery, with growth worth £14 billion targeted in 2023. Window of opportunity to secure industry’s place in global race to net zero is closing fast with imminent deadlines for investment decisions, 2024 Rules of Origin and the UK ZEV Mandate. Sector calls for urgent action… Continue reading UK Automotive calls for urgent action plan to safeguard £14bn recovery as investment deadlines loom
UK Automotive commits to workforce diversity and inclusion with landmark industry Charter
UK automotive industry launches new Diversity & Inclusion Charter in collective commitment to make workforce reflective of wider society and attract more talent to fill critical skills gaps. Major brands representing a fifth of Britain’s automotive manufacturing workforce pledge to shift the dial as Auto Council report highlights scale of the sector’s diversity challenge and… Continue reading UK Automotive commits to workforce diversity and inclusion with landmark industry Charter
New members – November 2022
25 November 2022 #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 – November 2022
October 2022 new car pre-registration figures
25 November 2022 #Pre-Registration SMMT released figures for October pre-registrations in the UK new car market. The data shows the number of cars disposed of by vehicle manufacturers in October 2022 that were defined as pre-registrations. Download the October 2022 release Go to Source
UK CV production up for 10th straight month in October
UK CV production rises 10.7% to 8,740 units, marking best October since 2019 and 10th consecutive month of growth this year. Overseas demand grows by 50.2%, while production for domestic market falls -28.4%. Year-to-date output increases 45.5% to 85,547 units, resulting in best performance since 2012. UK commercial vehicle (CV) production grew by 10.7% in… Continue reading UK CV production up for 10th straight month in October
UK car production output returns to growth in October
UK car manufacturing output rises 7.4% in October as 69,524 units leave factory gates. Production for home and overseas markets up 12.5% and 6.3% respectively. Volumes year-to-date down -10.8% though output for UK market rises 8.8%. UK car production returned to growth in October, rising 7.4% to 69,524 units, according to the latest figures published… Continue reading UK car production output returns to growth in October
SMMT reaction to Autumn Statement 2022
17 November 2022 #Electric & Alternatively-Fuelled Vehicles #Emissions #SMMT News Mike Hawes, SMMT Chief Executive said, We recognise that all vehicle owners should pay their fair share of tax, however, the measures announced today mean electric car and van buyers – and current owners – will face a significant uplift in VED. The sting in… Continue reading SMMT reaction to Autumn Statement 2022
Bus and coach demand falls in Q3 but first ZEV funding delivers optimism
754 new buses and coaches join UK roads in Q3, down -11.6% year on year and marking 2022’s first quarter of decline. Registrations of minibuses, the largest segment by volume, fall -26.9% but new single and double deckers rise 13.2% and 36.8% respectively. YTD registrations up 8.1% overall, with further growth pegged on release of… Continue reading Bus and coach demand falls in Q3 but first ZEV funding delivers optimism
HGV registrations soar in best Q3 for half a decade
UK heavy goods vehicle (HGV) registrations climb by 30.1% to 10,034 units in Q3. Best third quarter since 2017, driven by demand for artic trucks, up 53.1%, and rigids, up 15.8%. Year-to-date market up 7.8%, but still -18.4% down against same period pre-pandemic figures. SEE HGV REGISTRATIONS BY BRAND DOWNLOAD PRESS RELEASE AND DATA TABLE… Continue reading HGV registrations soar in best Q3 for half a decade