Author: SMMT_UK_Manufacturers Official News

New members – March 2024

27 March 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 – March 2024

Back Automated Vehicles Bill to unlock multi-billion UK self-driving revolution

UK auto sector calls for swift passing of Automated Vehicles Bill to deliver long-term economic and social benefits. Technology could save an additional 3,200 lives and prevent 53,000 serious accidents by 2040, with £38 billion economic boost if self-driving passenger vehicles are deployed on UK roads. Stress free and safer driving, better rural availability, and… Continue reading Back Automated Vehicles Bill to unlock multi-billion UK self-driving revolution

Van market delivers best February performance since 1998

New light commercial vehicle (LCV) registrations grow 2.2% to 17,934 units in the best performance for the month for 26 years. Large vans remain most popular as demand rises by 1.4% to 12,300 units, while medium and small-sized van demand declines by -5.9% and -20.5% respectively. Battery electric van uptake at 4.7% market share as… Continue reading Van market delivers best February performance since 1998

New car market records best February for 20 years

New car registrations rise 14.0% to 84,886 units – best performance for the month since 2004. Battery electric vehicle share grows during traditionally low-volume, pre-new number plate month. Industry calls for fairer EV taxation as fleets continue to drive growth, while private EV uptake declines. SEE CAR REGISTRATIONS BY BRAND DOWNLOAD PRESS RELEASE AND DATA… Continue reading New car market records best February for 20 years

Car industry urges ‘fair tax for a fair transition’ to put EVs back in the fast lane

New research shows almost half of would-be EV buyers will now wait until after 2030 to switch – compared with just one in 10 last year. Third of motorists most concerned with upfront cost as private EV uptake down -19% year on year in 2023 after end of consumer incentives. Industry urges EV tax breaks… Continue reading Car industry urges ‘fair tax for a fair transition’ to put EVs back in the fast lane

CV output records best start to year since 2008

UK CV production rises 26.9% in January in best start to a year since 2008. Production for export up 49.8%, while output for the UK declines -4.0%. Exports drive growth, with nearly seven in 10 (67.8%) CVs built for international markets. UK commercial vehicle (CV) production grew by 26.9% in the first month of 2024,… Continue reading CV output records best start to year since 2008

UK car production off to a fast start in January

British car manufacturing output grows 21.0% in January, to 82,997 units. Export volumes up 11.6%, while production for UK market surges 64.5%. Electrified vehicle production continues to grow, up 4.5% to 29,590 units. UK car production got off to a fast start in January, according to the latest figures published today by the Society of… Continue reading UK car production off to a fast start in January

New members – February 2024

26 February 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 – February 2024