New car market up as plate change September marks one million EV milestone

225,269 units registered in key ‘new plate’ month – up 4.6% on last September, but -34.4% behind 2019. Bumper month for plug-in registrations sees Britain’s millionth plug-in electric car registered, with 249,575 joining roads in 2022 alone. Industry calls for action to shore up consumer confidence as market enters final quarter. SEE CAR REGISTRATIONS BY… Continue reading New car market up as plate change September marks one million EV milestone

British CV output nearly doubles in best August for a decade

UK commercial vehicle (CV) production rises 92.9% to 6,132 units, marking the best August since 2012 and the eighth consecutive month of growth. Overseas demand increases 78.4%, while production for UK operators more than doubles year-on-year, rising 119.3%. Year-to-date CV output is up 50.3% at 64,828 units in the best year-to-date since 2012. UK commercial… Continue reading British CV output nearly doubles in best August for a decade

British car output up but record input costs threaten recovery

UK car production rises 34.0% in August to 49,901 units after dismal 2021, but volumes still -45.9% down on pre-pandemic levels. Fourth consecutive month of growth fails to offset sustained losses from global supply shortages, with YTD output more than half a million units behind average pre-Covid volumes. Sector welcomes business energy price cap, with… Continue reading British car output up but record input costs threaten recovery

New members – September 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 – September 2022

SMMT statement on Growth Plan

23 September 2022 #SMMT News Mike Hawes, SMMT Chief Executive, said: The Chancellor’s Growth Plan opens the door towards an automotive recovery with encouragement for investment and tax cuts designed to rebuild consumer confidence. We look forward to further action in the months ahead to tackle wider, long-term reform to enhance the automotive industry’s international… Continue reading SMMT statement on Growth Plan

SMMT statement on government Energy Bill Relief Scheme

21 September 2022 #SMMT News Mike Hawes, SMMT Chief Executive, said: The new Business Secretary has given thousands of automotive companies vital breathing space, helping keep their operations viable this winter. This is a short-term fix, however, and to avoid a cliff-edge in six months’ time, it must be backed by a full package of… Continue reading SMMT statement on government Energy Bill Relief Scheme

UK’s £50 billion aftermarket sector to seek trade opportunities at Automechanika Frankfurt 2022

SMMT to bring its largest overseas delegation to Automechanika Frankfurt since pandemic began. UK pavilion at leading global aftermarket trade fair to feature 22 firms from across the industry. Companies part of British aftermarket sector that turns over more than £50 billion every year. Automechanika Frankfurt 2022 today plays host to the largest UK aftermarket … Continue reading UK’s £50 billion aftermarket sector to seek trade opportunities at Automechanika Frankfurt 2022

SMMT statement on the passing of HM Queen Elizabeth II

08 September 2022 #SMMT News Mike Hawes, SMMT Chief Executive, said: We are deeply saddened to hear of the passing of Her Majesty Queen Elizabeth II who dedicated her life to the service of the nation and the Commonwealth. She was also a lifelong supporter of the UK automotive industry, with a keen interest in… Continue reading SMMT statement on the passing of HM Queen Elizabeth II

SMMT statement on the election of Liz Truss as Conservative Party leader

05 September 2022 #SMMT News Mike Hawes, SMMT Chief Executive, said: SMMT congratulates Liz Truss on her election as Leader of the Conservative Party and looks forward to working with her and her new team to drive the economic growth and investment the country desperately needs. The new Prime Minister faces immense challenges, not least… Continue reading SMMT statement on the election of Liz Truss as Conservative Party leader