Used car market falls despite electric boost

UK used car market falls -18.8% in Q2 2022 with 1,759,684 cars changing hands. First half transactions down -8.3% on last year and market now -12.8% year to date behind pre-pandemic 2019. Battery electric vehicles (BEVs) see boost of 57.1% to reach one in 105 transactions. Download the used car sales report for Q2 2022… Continue reading Used car market falls despite electric boost

July LCV market down despite increasing demand for electric vehicles

Britain’s light commercial vehicle market falls -20.7% in July, the seventh consecutive month of year-on-year decline, with 18,722 new units registered. Battery electric van (BEV) registrations rise 21.2% in the month and 55.7% in year to date amid industry investment towards Net Zero, but sector’s transition still two years behind cars.1 Industry outlook revised downwards,… Continue reading July LCV market down despite increasing demand for electric vehicles

New car registrations fall as supply issues continue to bite

UK new car registrations fall -9.0% to 112,162 units as supply chain shortage continues to frustrate order fulfilment. Battery electric vehicles (BEV) buck trend, growing market share to 10.9%, but pace of growth slows. Industry outlook revised downwards, now anticipating a -2.8% fall in 2022 total new car registrations. SEE CAR REGISTRATIONS BY BRAND DOWNLOAD… Continue reading New car registrations fall as supply issues continue to bite

UK engine production down -12.7% in first half of 2022

28 July 2022 #UK Manufacturing Engine production declines -12.7% in first six months of 2022, totalling 812,397 units. Year to date output for export falls -9.7%, while production for the UK is down -16.4%. Measures to reduce business costs, including energy, must be a priority to protect UK competitiveness and jobs. Mike Hawes, SMMT Chief… Continue reading UK engine production down -12.7% in first half of 2022

UK CV production grows 64.4% in June to round off best first half in a decade

UK commercial vehicle production grows 64.4% in June, with 9,549 units leaving British factory lines. Year-to-date output increases 47.4%, resulting in best first six months to a year since 2012. CV manufacturers show resilience but urgent action is needed to protect UK competitiveness. UK commercial vehicle (CV) production grew 64.4% in June with 9,549 units… Continue reading UK CV production grows 64.4% in June to round off best first half in a decade

UK car production down a fifth in first half but shortages beginning to ease

UK car manufacturing falls -19.2% to 403,131 units in turbulent first half year, but 5.6% June uplift, the second consecutive month of growth, cause for optimism. Battery electric vehicle production increases by 6.5% during first six months to record levels as £3.4bn investment committed to UK’s zero emissions future in H1. Latest independent outlook targets… Continue reading UK car production down a fifth in first half but shortages beginning to ease

New members – July 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. Developing business opportunities SMMT’s targeted events and Automotive Supplier Finder (ASF) service helps facilitate opportunities by matching buyers to… Continue reading New members – July 2022

SMMT appoints Will Reeves as Commercial Vehicle and Bus & Coach Section Manager

The Society of Motor Manufacturers and Traders (SMMT) is pleased to announce the appointment of Will Reeves as Commercial Vehicle and Bus & Coach Section Manager. This follows the retirement of Nigel Base in April after 11 years in the role. Reeves takes the reins of SMMT’s commercial vehicle and bus and coach sector engagement… Continue reading SMMT appoints Will Reeves as Commercial Vehicle and Bus & Coach Section Manager

UK automotive manufacturing carbon footprint falls to lowest ever level

UK Automotive’s production carbon footprint shrinks to lowest level on record, as CO2 emissions fall -11.2% in 2021. Industry greener and cleaner with less energy use and more sustainable energy sourcing. Waste to landfill per vehicle falls to lowest ever level – down -96.2% on 1999. The UK automotive industry’s production carbon footprint fell by… Continue reading UK automotive manufacturing carbon footprint falls to lowest ever level