Author: SMMT_UK_Manufacturers Official News

SMMT reaction to PM statement on Brexit negotiations

16 October 2020 #Europe #SMMT News Mike Hawes, SMMT Chief Executive, said, Make no mistake, the automotive industry will not prosper from ‘no deal’. It would have a devastating impact on the sector, on the economy and on jobs in every region of Britain. Businesses have been battling coronavirus at the same time as investing… Continue reading SMMT reaction to PM statement on Brexit negotiations

UK new van market accelerates 26.4% in September, but uncertainty ahead

UK new van market grows by 26.4%, following a weaker than usual month last year due to emissions regulation changes. Registrations of most segments show double-digit growth against last year’s low volumes. Market still below ‘normal’ levels, down -6.6% on previous five-year September average. Performance year-to-date remains down -27.4%, a shortfall of almost 80,000 units.… Continue reading UK new van market accelerates 26.4% in September, but uncertainty ahead

New car registrations drop -4.4% in weakest ever ‘new plate’ September

Just 328,041 cars registered – the lowest September volume recorded since 1999. Decline represents -15.8% drop on 10-year September average.1 New 70-plate, model upgrades and attractive offers help but industry still counting cost of lockdown with more than 615,000-unit year to date shortfall. SEE CAR REGISTRATIONS BY BRAND DOWNLOAD THE PRESS RELEASE AND DATA The… Continue reading New car registrations drop -4.4% in weakest ever ‘new plate’ September

SMMT statement on Brexit negotiations

SMMT statement: The UK government has repeatedly expressed support for our automotive industry as the nation’s biggest exporter of goods. Given its importance to the economy and livelihoods and the damaging consequences of tariffs, we need the sector prioritised in negotiations, not traded off against other industries. Any agreement must work for automotive so we… Continue reading SMMT statement on Brexit negotiations

UK Automotive launches Safe Harbour scheme to secure supply chain and save jobs

SMMT launches Safe Harbour Scheme to prevent insolvencies and save jobs across auto sector as it grapples with devastating effects of the coronavirus crisis. Industry initiative allows multiple companies to come together to support critical suppliers without falling foul of anti-competition rules. Scheme to help preserve UK’s automotive manufacturing capability and capacity and prevent further… Continue reading UK Automotive launches Safe Harbour scheme to secure supply chain and save jobs

UK engine production down -35.1% in August as sector braces for coronavirus second wave

25 September 2020 #SMMT News #UK Manufacturing 106,398 UK engines produced in August as output falls -35.1%. Production for domestic and overseas markets declines -36.9% and -34.1% respectively. Year-to-date engine production now down -35.2% as coronavirus second wave looms. Mike Hawes, SMMT Chief Executive, said, These figures come at an extremely worrying time for the… Continue reading UK engine production down -35.1% in August as sector braces for coronavirus second wave

Commercial vehicle production falls -11.5% in August

25 September 2020 #SMMT News #UK Manufacturing August commercial vehicle production declines -11.5%, with 4,915 vans, taxis, trucks and buses manufactured. Some 641 fewer vehicles produced in the month than the previous year, which marked the strongest August since 2012. Year-to-date performance remains down, as industry struggles to make up demand shortfall of -20.0%. UK… Continue reading Commercial vehicle production falls -11.5% in August

UK car manufacturing falls -44.6% in August as coronavirus bites again

UK car production declines -44.6% in August with 51,039 units rolling off factory lines. Ongoing coronavirus crisis stalls efforts to ramp up output with weak demand overseas compounded by heavy domestic losses. Production so far this year down -40.2% with a loss of 348,821 units worth more than £9.5bn to UK car makers. As pandemic’s… Continue reading UK car manufacturing falls -44.6% in August as coronavirus bites again

Only weeks left to save EU and UK auto sectors from €110 billion ‘no deal’ Brexit disaster

EU and UK automotive leaders unite to call for urgent agreement of an ambitious free trade deal before the end of the transition period in just 15 weeks’ time. New calculations show the catastrophic impact of ‘no deal’ with WTO tariffs putting production of some 3 million EU and UK built cars and vans at… Continue reading Only weeks left to save EU and UK auto sectors from €110 billion ‘no deal’ Brexit disaster