New light commercial vehicle market shrinks by -20.5% in January. Decline in demand for large and medium vans, pick-ups and 4x4s, but rise in small van uptake. Electric van deliveries up 12.4% but substantial growth needed to meet UK ambitious mandate. New 2025 outlook anticipates -1.2% market decline – with rising EV uptake still short… Continue reading Light commercial vehicle market declines in January
Author: SMMT_UK_Manufacturers Official News
EV share rises despite contracting market but tax hikes threaten targets
EVs take more than a fifth of new car registrations as overall market contracts by -2.5% to 139,345 units. Slowdowns recorded by both fleet and private buyers against backdrop of weak economic confidence. Industry calls for halt to EV tax hikes as latest outlook anticipates 23.7% market share for 2025 – below government targets. SEE… Continue reading EV share rises despite contracting market but tax hikes threaten targets
Exports push CV production to best performance in 16 years
British commercial vehicle production rises 4.0% to 125,649 units in best year since 2008. Exports drive growth, up 6.6% to 82,097 units as output for UK market dips -0.8%. Sector calls for fast tracked industrial and trade strategies to keep UK manufacturing globally competitive. UK commercial vehicle (CV) production grew by 4.0% in 2024, with… Continue reading Exports push CV production to best performance in 16 years
Vehicle production dips amid EV transformation and intense market pressure
British vehicle production slips -11.8% to 905,233 units in 2024, with cars down to 779,584, as industry continues transformation to EV production. 4.0% growth in commercial vehicle production fails to offset -13.9% decline in car output. Potential to surpass one million cars and light vans in 2028 if markets improve and model launches stay on… Continue reading Vehicle production dips amid EV transformation and intense market pressure
New Members – January
27 January 2025 #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 – January
December 2024 new car pre-registration figures
24 January 2025 #Pre-Registration SMMT released figures for December’s pre-registrations in the UK new car market. The data shows the number of cars disposed of by vehicle manufacturers in December 2024 that were defined as pre-registrations. Download the December 2024 release Go to Source
Grey still Britain’s top new car colour but blue bounces up the charts
Grey cements its place as Britain’s most popular new car colour for seventh year, with black holding steady in second. Blue takes third place on podium for first time since 2010. Green car volumes reach highest since 2004, reflecting ‘green’ powertrain trend. Pink is Britain’s least popular car colour, comprising just 0.007% of all registrations,… Continue reading Grey still Britain’s top new car colour but blue bounces up the charts
Electric van demand static in 2024 despite biggest overall market in three years
Number of new light commercial vehicles joining UK roads up 3.0% to 351,834 units in 2024. More demand for new vans but fewer 4x4s and pick-ups registered as double-cab tax hike looms. 2024 EV share static at 6.3% despite near 20% uplift in choice of zero emission models. Review of regulation must urgently reflect van-specific… Continue reading Electric van demand static in 2024 despite biggest overall market in three years
Record EV market share but weak private demand frustrates ambition
New car registrations reach 1.953 million in 2024 with market up 2.6% year on year. EVs take record annual volume and market share at 19.6%, but figure still below mandated levels. Private consumer demand contracts to levels last seen in pandemic with just one in 10 private buyers going electric in 2024. Industry welcomes review… Continue reading Record EV market share but weak private demand frustrates ambition
New Members – December
02 January 2025 #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