New members – April 2024

25 April 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 – April 2024

Best first quarter for CV production since 2008 despite March drop

British CV production records best Q1 since 2008, rising by 27.4% to 32,626 units. Export volumes grow 57.9% in first three months, while manufacturing for the UK declines -13.1%. Growth in January and February followed by -19.2% March decline to 7,943 units. UK commercial vehicle (CV) output rose by 27.4% in the first quarter of… Continue reading Best first quarter for CV production since 2008 despite March drop

UK car production falls in March as factories adjust for new models

British car production falls -27.1% in March, as manufacturers gear up to make new models, rounding off first quarter with volumes still up 1.1%. 59,467 cars leave factories in the month – with volumes for home and overseas markets declining-0.3% and -35.9% respectively. Latest independent outlook expects UK car and light van production to be… Continue reading UK car production falls in March as factories adjust for new models

Industry calls for ‘next generation’ incentive and infrastructure plan to decarbonise Britain’s truck fleet

Zero emission HGV use trebles in a year – but accounts for just 0.05% of HGVs on the road with end of sale in 2035. Massive manufacturer investment means operators can choose from 27 different zero emission trucks – but slow approval process means just two in five models are currently eligible for government grants.… Continue reading Industry calls for ‘next generation’ incentive and infrastructure plan to decarbonise Britain’s truck fleet

EVs drive down carbon emissions and lift vehicle ownership to record high

Number of vehicles on UK roads reaches record 41.4 million in 2023, with car ownership up 1.6% to 35,694,845 units. The average car in use saw CO2 emissions decline by -2.1%, notably thanks to incentivised investment by business fleets into EVs. One in 40 of all vehicles on roads now zero emission, including 960,896 cars,… Continue reading EVs drive down carbon emissions and lift vehicle ownership to record high

CV Show 2024 unveils UK shadow minister and executives in expert seminar series

Britain’s biggest commercial vehicle show announces speakers for all-new The Road Ahead seminar programme with expert advice on fleet decarbonisation and more. Speakers include shadow minister, senior executives, regulators and industry experts, covering everything from green fleets and regulatory change to new skills and recruitment. Seminar programme will deliver insight while the Show showcases the… Continue reading CV Show 2024 unveils UK shadow minister and executives in expert seminar series

SMMT recognised as one of Britain’s top workplaces with Investors in People Gold award

SMMT Group gains Gold accreditation from Investors in People (IIP), the global benchmark for workplace standards, practices, leadership, culture and communication. Accolade reflects SMMT’s long-term commitment to talent progression, productivity, employee engagement and wellbeing. ‘Advanced’ Gold award recognises high performance, given to just one in five organisations seeking IIP accreditation. The Society of Motor Manufacturers… Continue reading SMMT recognised as one of Britain’s top workplaces with Investors in People Gold award

Bumper March for new vans as fleet demand surpasses 50,000 units

Britain’s new light commercial vehicle (LCV) market grows 11.1% to 52,916 units in best March performance for three years. Growth in uptake of all LCVs besides medium-sized vans, with the largest models up 16.1% as demand for smaller vans bounces back with a 44.8% rise. Electric van uptake reaches highest volume on record for a… Continue reading Bumper March for new vans as fleet demand surpasses 50,000 units

March new car market sustains growth as manufacturers shore up electrified demand

New car registrations rise 10.4% in best March since 2019 and 20th consecutive month of growth. Overall increase driven by fleet investment with weak confidence constraining private retail demand. Industry calls for EV incentives with battery electric car market off the pace. SEE CAR REGISTRATIONS BY BRAND DOWNLOAD PRESS RELEASE AND DATA TABLE The UK… Continue reading March new car market sustains growth as manufacturers shore up electrified demand