New light commercial vehicle registrations grow 1.7% in August to 16,575 units in best performance for the month since 2021. Demand continues across all van segments, while 4x4s and pick-ups record declines. EV uptake declines for fifth month this year, dropping -30.3% and highlighting need to bolster confidence, maintain fiscal support and roll out van-suitable… Continue reading Van market ends summer with a return to growth
Author: SMMT_UK_Manufacturers Official News
August new car market holds steady ahead of critical plate change month
New car market stable in traditionally quiet month of August, dipping -1.3% to 84,575 units. Battery electric car demand up 10.8% in month as buyers respond to summer of heavy discounting. Sector calls for renewed focus on measures to help more buyers to go electric as crucial plate change month begins. SEE CAR REGISTRATIONS BY… Continue reading August new car market holds steady ahead of critical plate change month
CV production turns up heat for summer
29 August 2024 #SMMT News #UK Manufacturing Commercial vehicle output soars 71.7% in best July since 2008. Demand grows at home and overseas, up 63.7% and 76.8% respectively. Year-to-date output rises 7.3%, now up 81.1% on pre-pandemic 2019. UK commercial vehicle (CV) manufacturing output soared 71.7% in July to reach 15,252 units, reversing four months… Continue reading CV production turns up heat for summer
Car production slowdown continues as factories gear up for new models
UK car production declines -14.4% in July as model changeovers and temporary supply chain constraints restrict output. Export volumes down -16.3% but domestic demand holds up, declining by just 672 units. Production output value in first seven months of 2024 holds level, despite volume decline. UK car production fell by -14.4% in July, according to… Continue reading Car production slowdown continues as factories gear up for new models
New members – August 2024
27 August 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 – August 2024
July 2024 new car pre-registration figures
23 August 2024 #Pre-Registration SMMT released figures for July pre-registrations in the UK new car market. The data shows the number of cars disposed of by vehicle manufacturers in July 2024 that were defined as pre-registrations. Download the July 2024 release Go to Source
Bus investment grows again with greenest rollout in Europe
British bus market rises by 7% in fifth consecutive quarter of growth. Double deck and minibus demand doubles, with more modest growth for single deck buses. Zero emission buses now a quarter of all new registrations – sustaining the UK as Europe’s biggest market for the greenest buses. The number of new buses, coaches and… Continue reading Bus investment grows again with greenest rollout in Europe
HGV market holds steady as rigid uptake rises
UK new heavy vehicle market grows 2.6% in Q2 as overall uptake stabilises following bumper 2023. Rigid demand rises 9.7% and takes greater share of registrations as market continues to normalise. Zero emission truck uptake rises 30.0% in the quarter but still only 0.6% market share. SEE HGV REGISTRATIONS BY BRAND DOWNLOAD PRESS RELEASE AND… Continue reading HGV market holds steady as rigid uptake rises
EVs drive surge in used car sales
UK used car market grows 7.2% in second quarter, marking sixth successive quarter of growth. Used battery electric vehicles record highest ever market share at 2.4%, as sales soar 52.6%. First half transactions rise by 6.8% year on year, with market now just -3.0% below pre-pandemic volumes. Download the used car sales report for Q2… Continue reading EVs drive surge in used car sales
Demand for new vans down in July but 2024 market remains at three-year high
UK’s new light commercial vehicle registrations total 24,689 units in July, -8.5% below strong month in 2023 – with market up 2.7% in year to date. Demand falls across most segments but uptake of smaller vans more than doubles. Electric van demand down -14.6% in July, underlining need to bolster van-suitable chargepoint rollout while maintaining… Continue reading Demand for new vans down in July but 2024 market remains at three-year high