HGV market declines -8.4% in Q3 2021

UK HGV market declines -8.4% in the third quarter, with 7,715 vehicles registered. New truck registrations down on subdued Q3 2020 and -9.8% on a particularly weak Q3 pre-pandemic 2019. 27,272 trucks registered in the first three quarters of the year, down -24.3% on pre-pandemic 2019. SEE HGV REGISTRATIONS BY BRAND DOWNLOAD PRESS RELEASE AND… Continue reading HGV market declines -8.4% in Q3 2021

Demand for used plug-in models surges despite used car market falling -6.2% in Q3

Battery electric vehicle demand rises 56.4% with 14,182 cars changing hands. UK used car transactions fall -6.2% against strong Q3 2020 to 2,034,342 units. Used market up 16.4% year-to-date but still -4.0% down against same period pre-pandemic. Demand for used battery electric (BEV) and plug-in hybrid (PHEV) vehicles continued to grow in Q3, according to… Continue reading Demand for used plug-in models surges despite used car market falling -6.2% in Q3

UK van market sees marginal decline in October

LCV market declines by -4.6% in October with 27,420 units registered as semiconductor shortages continue to hamper supply. Uptake of both new 4x4s and vans weighing less than or equal to 2.0 tonnes doubled by 114.7% and 100.5% respectively in October. New van market up 24.4% over year-to-date but remains -5.2% off five-year pre-pandemic average.… Continue reading UK van market sees marginal decline in October

Plug-in car performance holds steady despite overall registrations falling -24.6%

106,265 new cars registered in October, a -24.6% fall on last year and the weakest October since 1991. Plug-in vehicles now account for 16.6% of all cars registered so far in 2021. Chip shortages and tax rises mean industry expects to finish year on 1.66m units, or only 1.9% ahead of Covid-hit 2020. SEE CAR… Continue reading Plug-in car performance holds steady despite overall registrations falling -24.6%

Engine production falls -36.3% in September

28 October 2021 #UK Manufacturing UK factories produced 138,059 engines last month, a decline of -36.3%. Output for both domestic and export markets falls by -42.0% and -32.6% respectively. Year-to-date engine manufacturing fell -2.8% to 1,278,117 units compared to 2020 and remains -33.9% below the five-year average.1 Mike Hawes, SMMT Chief Executive, said, “During September… Continue reading Engine production falls -36.3% in September

UK commercial vehicle output increases modestly in September

28 October 2021 #UK Manufacturing 7,799 commercial vehicles produced during September, a modest increase of 1.8% on 2020, but output remains -8.1% below the five-year average for the month. Exports of commercial vehicles fell by -12.4%, but output for the domestic market increased by 27.3%. Year-to-date production remains 15.4% up on a weak 2020, thanks… Continue reading UK commercial vehicle output increases modestly in September

UK automotive car production falls -41.5% in September

British car production falls -41.5% in September with 67,169 units leaving factory gates. Global chip shortage continues to plague production costing suppliers more than £2.4 billion. Better news for battery electric and hybrid car manufacturing as almost a third of all cars made in UK are now electrified, a new record UK car production fell -41.5% in September, the third… Continue reading UK automotive car production falls -41.5% in September

UK manufacturing holds key to unlocking Government’s domestic and global ambitions

The success of the UK’s manufacturing sector will be central to Government’s ability to deliver on its national ambitions to level up the whole country, reach Net Zero by 2050 and become a global science super-power. Today, five trade associations together representing sectors with nearly 800,000 employees, annual turnover of £338.2bn and £166bn in exports,… Continue reading UK manufacturing holds key to unlocking Government’s domestic and global ambitions

SMMT statement on Net Zero Strategy

19 October 2021 #SMMT News Mike Hawes, SMMT Chief Executive, said, The automotive industry is putting zero-emission vehicles on Britain’s roads at pace beyond all forecasts, such is the choice and appeal of these new models. A well-designed, flexible regulatory framework could help maintain or even increase this pace to ensure we deliver on our… Continue reading SMMT statement on Net Zero Strategy