Used car market down in Q3 but EV sales at record high

UK used car transactions fall -12.2% in Q3 2022 with 1,785,447 vehicles changing hands. Second consecutive quarter of decline as new car supply shortages hit volumes. Battery electric vehicle demand continues rise as sales grow 44.1% to 16,775. Download the used car sales report for Q3 2022 The UK’s used car market fell for the… Continue reading Used car market down in Q3 but EV sales at record high

UK Automotive launches Career Guide to attract the brightest and best to deliver Net Zero

SMMT Charitable Trust Fund and partners launch Career Guide to mark Green Careers Week and showcase the breadth of new opportunities for school leavers to lead the mobility revolution. 14,000 skilled roles already delivered or being created following billions of pounds of industry investment in zero emission cars, vans, trucks and buses, with thousands more… Continue reading UK Automotive launches Career Guide to attract the brightest and best to deliver Net Zero

British van market down a fifth in October as short supply hits deliveries

Britain’s new light commercial vehicle (LCV) market declines -18.4% in October, with 22,386 vans joining UK roads. Registrations of large and mid-weight vans fall -7.6% and -50.7% respectively, but battery electric van (BEV) registrations grow 52.5%. 2022 market outlook revised downwards, with action needed to maintain operator confidence and drive electric van uptake. SEE LCV… Continue reading British van market down a fifth in October as short supply hits deliveries

EVs energise new car market but chargepoint rollout must accelerate

October new car registrations rise 26.4% in third month of growth, with hybrid and battery electric vehicles driving uplift. Despite bumper month, market on course for weakest year since 1982 but recovery expected to continue in 2023. Plug-ins account for 21.5% of new registrations but infrastructure rollout risks hampering government zero emission ambition. SEE CAR… Continue reading EVs energise new car market but chargepoint rollout must accelerate

UK CV production up in best September since 2011

UK CV production rises 53.6% to 11,979 units in best September since 2011 and ninth consecutive month of growth this year. Overseas demand increases by 70.4%, while production for Britain’s CV market grows by 32.9%. Overall year-to-date volumes up 50.8% to 76,807, the best performance since 2012. UK commercial vehicle (CV) production grew by 53.6%… Continue reading UK CV production up in best September since 2011

Production down in September as UK Auto seeks stability to sustain record £7.9bn EV exports

UK car production down -6.0% in September with 63,125 vehicles rolling off factory lines. Battery electric vehicle output up 16.6% to 8,856 units, rounding off record first nine months. Electrified models make up record 37.4% of all UK car exports in September at 18,299 units. New analysis reveals EV exports up 110.4% since 2017, with… Continue reading Production down in September as UK Auto seeks stability to sustain record £7.9bn EV exports

New members – October 2022

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. Legal helpline SMMT advisors provide assistance with disputes, contracts, employment issues, health and safety matters and much more. Developing… Continue reading New members – October 2022

SMMT statement on Rishi Sunak’s appointment as leader of the Conservative Party and Prime Minister

24 October 2022 #SMMT News Mike Hawes, SMMT Chief Executive, said: SMMT congratulates Rishi Sunak on becoming Leader of the Conservative Party and Prime Minister. What we now need is a clear and compelling strategy for growth and stability, one that reassures markets, shores up battered consumer confidence and ensures the UK is seen as… Continue reading SMMT statement on Rishi Sunak’s appointment as leader of the Conservative Party and Prime Minister

SMMT services to armed forces community recognised with Ministry of Defence Silver Award

21 October 2022 #SMMT News SMMT secures Silver Award under the Defence Employer Recognition Scheme for commitment to the armed forces community. Scheme recognises organisations who offer exceptional support and provide job opportunities to ex-armed forces personnel. Follows SMMT’s Bronze Award recognition in 2021 and ongoing support of Mission Automotive, founded to help automotive companies… Continue reading SMMT services to armed forces community recognised with Ministry of Defence Silver Award

September plate change sees first growth for British van market in 2022

The UK’s light commercial vehicle (LCV) market rises 10.8% in September, marking the first month of growth in 2022. Delivery of medium and large vans drives uplift, while battery electric vehicle (BEV) uptake continues to rise, up 70.0%, representing 4.4% of the market. Long-term measures that shore up operator confidence amid wider economic uncertainty are… Continue reading September plate change sees first growth for British van market in 2022