Commercial vehicle production falls in May

UK commercial vehicle (CV) manufacturing declines -59.3% to 4,400 units in May. Output for domestic and export markets falls -52.2% and -61.9% respectively, but exports remain up in the year to date. Overall year to date volumes dip by -3.2% to 45,439 units, a fall equivalent to 1,492 units. UK commercial vehicle (CV) manufacturing fell… Continue reading Commercial vehicle production falls in May

Car manufacturing dips as factories switch to electric models

27 June 2024 #SMMT News #UK Manufacturing UK car manufacturing output down -11.9% in May as factories continue to retool for an electric mobility future. Almost 70,000 cars made, with output for the UK rising by 9.7% as exports decline by -17.4%. SMMT’s Vision 2035: Ready to Grow shows how output could surpass a million… Continue reading Car manufacturing dips as factories switch to electric models

New members – June 2024

26 June 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 – June 2024

Back Automotive and reap £50bn growth

New analysis shows UK automotive sector can fuel £50 billion of green growth over next decade – with the right conditions in place. Smart policies and consumer incentives would help 17 million drivers switch to zero emission motoring by 2035, halving the number of fossil fuel cars in use. UK light vehicle manufacturing could deliver… Continue reading Back Automotive and reap £50bn growth

SMMT Chief Executive Mike Hawes recognised for services to the UK automotive industry

Mike Hawes, Chief Executive of the Society of Motor Manufacturers and Traders (SMMT), has been awarded an Officer of the Order of the British Empire (OBE) for services to the automotive industry in the King’s Birthday Honours List. Mike joined SMMT as chief executive in 2013, after a number of years in the automotive sector… Continue reading SMMT Chief Executive Mike Hawes recognised for services to the UK automotive industry

Van market sustains growth but electric uptake must rise faster

17th month of growth in LCV market as volumes rise 1.9%. Growth fuelled by midweight vans as market records best May since record-breaking 2021. Battery electric vehicle uptake rises but market still short of targets. SEE LCV REGISTRATIONS BY BRAND DOWNLOAD PRESS RELEASE AND DATA TABLE The UK new light commercial vehicle market posted its… Continue reading Van market sustains growth but electric uptake must rise faster

New car market holds steady as fleets drive growth

New car registrations up 1.7% in May in 22nd consecutive month of growth. Battery electric vehicle (BEV) market share rises to 17.6% in the month and 16.1% YTD. Retail BEV uptake declines less than overall private market as manufacturers subsidise ongoing transition. SEE CAR REGISTRATIONS BY BRAND DOWNLOAD PRESS RELEASE AND DATA TABLE The UK… Continue reading New car market holds steady as fleets drive growth

North West hosts auto industry leaders to drive EV manufacturing revolution

Liverpool hosts SMMT Regional Forum as industry looks to boost British EV production capability on road to net zero. New analysis reveals importance of North West to UK Automotive, responsible for 20,000 jobs with £2.8 billion invested by global brands in region since 2021. Speakers from Bentley Motors, Ford, Jaguar Land Rover, Leyland Trucks and… Continue reading North West hosts auto industry leaders to drive EV manufacturing revolution

CV manufacturing records best year to date since 2010 despite April fall

UK CV manufacturing declines -19.9% to 8,413 units in April but maintains 13.6% lead in first four months – the best year to date performance since 2010. April output for both UK and export markets down, by -9.9% and -24.1% respectively, but exports remain up 30.3% YTD. EU overwhelmingly Britain’s biggest export market, with 97.1% of exports heading for the bloc last month. UK commercial vehicle (CV) manufacturing fell by -19.9%… Continue reading CV manufacturing records best year to date since 2010 despite April fall