Britain’s new light commercial vehicle (LCV) registrations rise 21.0% in 2023 as businesses and fleets invest in 341,455 vehicles carrying out essential roles in UK economy. Record battery electric van (BEV) uptake as 20,253 units registered, up 21.0%, with almost 60,000 joining UK roads since 2019. As ambitious Zero Emission Vehicle Mandate requires BEVs to… Continue reading UK demand for new vans grows in every month of 2023 – as businesses go electric in record numbers
Author: SMMT_UK_Manufacturers Official News
New car market delivers best year since 2019 as fleets fuel growth
New car registrations reach 1.903 million in 2023 – up 17.9% as fleet investment accelerates. Battery electric vehicle volumes reach record high but market share slips to 16.5%. Industry calls on government to halve EV VAT, to put more than a quarter of a million extra zero emission vehicles on the road and cut five… Continue reading New car market delivers best year since 2019 as fleets fuel growth
New members – December 2023
02 January 2024 #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 2023
Best November for CV production since 2007
UK commercial vehicle production up 16.8% to 13,253 units in best November since 2007. Overseas demand up 18.3% while orders for UK buyers rise 13.4%. Year-to-date output surges 15.5% to 111,863 units with new production facilities boost to volumes. UK commercial vehicle (CV) production grew again in November, according to the latest figures published today… Continue reading Best November for CV production since 2007
Christmas comes early for carmakers with production up in November
UK car production grows 14.8% in November with 91,923 cars leaving factory gates. Volumes for home and overseas rise by 13.4% and 15.2% respectively. Output year-to-date increases 16.5% to 843,345 units with record EV production levels. UK car production rose 14.8% in November, according to the latest figures published today by the Society of Motor… Continue reading Christmas comes early for carmakers with production up in November
SMMT statement on rules of origin announcement
21 December 2023 #SMMT News #Statements Mike Hawes, SMMT Chief Executive, said: Deferring the rules of origin is a win for motorists, the economy and the environment. Maintaining tariff-free trade in EVs will ensure consumers retain the widest and most affordable choice of models, at a time when we need all drivers to make the… Continue reading SMMT statement on rules of origin announcement
November 2023 new car pre-registration figures
19 December 2023 #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 2023 that were defined as pre-registrations. Download the November 2023 release Go to Source
UK Automotive welcomes plan to extend EV trade rules and calls for urgent adoption to avoid tariff cliff-edge
06 December 2023 #SMMT News #Statements The UK automotive industry has today welcomed the European Commission’s proposal to extend the current rules of origin for electric vehicle batteries under the Trade Cooperation Agreement (TCA) until 2027 – and urged every government to back it. The Society of Motor Manufacturers and Traders (SMMT) said extending the… Continue reading UK Automotive welcomes plan to extend EV trade rules and calls for urgent adoption to avoid tariff cliff-edge
New van demand grows for 11th month but EV uptake needs 2024 boost
UK new light commercial vehicle market rises for 11th month in a row, up 12.7% to 27,433 units in November. Demand for medium sized vans more than doubles, up 161.1%, but large vans still most popular as operators opt for payload efficiencies. Second monthly decline in battery electric van uptake fails to derail YTD gains,… Continue reading New van demand grows for 11th month but EV uptake needs 2024 boost
Fleets fuel new car market but only four weeks left to fix EV trade challenge
New car registrations reach 156,525 – up 9.5% on last November and just -0.1% down on pre-pandemic levels. Battery electric vehicle uptake declines compared with bumper month last year, but year to date uptake up 27.5%. Three-year deferral to Rules of Origin needed to avoid EV tariffs and support zero emission transition. SEE CAR REGISTRATIONS… Continue reading Fleets fuel new car market but only four weeks left to fix EV trade challenge