Britain’s light commercial vehicle market falls -24.6%, leaving industry without growth for whole of year to date. BEV uptake continues to grow, up 14.7%, reaching 6.1% market share. Ongoing supply chain issues lead to worst August since 2017, while year to date market down -27.2% on pre-pandemic 2019. SEE LCV REGISTRATIONS BY BRAND DOWNLOAD PRESS… Continue reading UK van market records further decline in August
Author: SMMT_UK_Manufacturers Official News
New car market ends five months of decline ahead of plate change
UK new car registrations stabilise, up 1.2% to 68,858 units during traditionally quiet pre-plate change August. Battery electric vehicle (BEV) uptake continues to grow, up 35.4%. Overall year to date market remains -35.3% down on pre-pandemic 2019. SEE CAR REGISTRATIONS BY BRAND DOWNLOAD PRESS RELEASE AND DATA TABLE The UK new car market rose by… Continue reading New car market ends five months of decline ahead of plate change
New members – August 2022
25 August 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 – August 2022
UK commercial vehicle output continues growth with best July for six years
UK commercial vehicle (CV) production rises 43.9% to 8,097 units in the best July since 2016 and eleventh consecutive month of growth. Overseas demand increases by 34.2%, while production for Britain’s CV market grows by 58.5%. UK manufacturing is up 46.9% since January, at 58,693, the best year to date since 2012. UK commercial vehicle… Continue reading UK commercial vehicle output continues growth with best July for six years
UK car production rises for third consecutive month
UK car manufacturing output rises 8.6% in July, the third consecutive month of growth. Production of hybrid, plug-in hybrid and electric vehicles surges 24.7% in the month. Volumes year-to-date down -16.5% to 461,174, driven by falling exports and structural changes. UK car production rose for the third consecutive month in July, up 8.6% to 58,043… Continue reading UK car production rises for third consecutive month
SMMT statement on Local EV Infrastructure (LEVI) £10m Fund Pilot
24 August 2022 #SMMT News Mike Hawes, SMMT Chief Executive said: The LEVI pilot funding is a welcome step that will give drivers in the winning areas greater confidence to make the switch to electric motoring, and will hopefully help inspire operators and local authorities across the UK to increase the roll out of chargepoints.… Continue reading SMMT statement on Local EV Infrastructure (LEVI) £10m Fund Pilot
Familiar challenges but new opportunities for HGV sector
This week, SMMT released its second quarter registration figures for the HGV, Bus and Coach sectors, and mixed signals could be found. The UK new bus and coach market grew slightly by 0.6% to 1,066 units, with the good news that single-deck buses were up 65.3%, while double deckers – which represent a greater share… Continue reading Familiar challenges but new opportunities for HGV sector
Bus and coach demand struggles to recover from pandemic
1,066 new buses and coaches registered in Britain from April to June, up 0.6% on the same period last year. Q2 performance puts first half of 2022 up 17.9% year-on-year, with 2,040 vehicles registered – but market remains down -46.4% on the pre-pandemic five-year average. Ongoing weak ridership levels acting as discouragement to investment. SEE… Continue reading Bus and coach demand struggles to recover from pandemic
Demand for trucks steady in supply constrained market
UK heavy goods vehicle (HGV) registrations rise slightly by 0.4% to 9,533 units in the second quarter of 2022. Half-year registrations down -1.0% on 2021 and -29.5% below pre-pandemic 2019, as semiconductor and raw materials shortages continue to hamper supply. Action needed to ensure the UK remains a competitive market for new zero emission trucks.… Continue reading Demand for trucks steady in supply constrained market
UK-India FTA: Open letter to Secretary of State for International Trade
11 August 2022 #SMMT News In an open letter sent today to Secretary of State for International Trade Anne-Marie Trevelyan, the Society of Motor Manufacturers and Traders (SMMT) is one of 11 major cross-sector business groups calling for negotiators to prioritise substance over speed in the ‘once in a lifetime’ trade deal talks. Letter urges… Continue reading UK-India FTA: Open letter to Secretary of State for International Trade