Author: SMMT_UK_Manufacturers Official News

Vehicle ownership in the UK surpasses 40 million, with many still on the roads supporting nationwide coronavirus response

New data reveals record 40.4 million cars, vans, trucks and buses now registered for use in Britain. Van ownership up 2.7% to 4.5 million as UK sees highest number of HGVs in action for 30 years – vehicles now working to keep essential supply chains, emergency services and key workers moving. CO2 emissions from UK’s… Continue reading Vehicle ownership in the UK surpasses 40 million, with many still on the roads supporting nationwide coronavirus response

UK new van market feels COVID-19 impact, as registrations halve in March

UK light commercial vehicle (LCV) market down -54.3% in key plate-change month. Just over 30,000 vans hit UK roads, as lockdown measures come into force and dealers close. Demand down across the board with most segments experiencing double-digit declines. SEE LCV REGISTRATIONS BY BRAND DOWNLOAD PRESS RELEASE AND DATA TABLE The UK new light commercial… Continue reading UK new van market feels COVID-19 impact, as registrations halve in March

UK new car registrations fall -44.4% in March as coronavirus crisis hits market

UK new car registrations fall -44.4% in March as coronavirus crisis causes showrooms to close. Steeper fall than during last financial crisis and worst March since late nineties with some 203,370 fewer cars sold in the month.1 Early SMMT analysis downgrades 2020 outlook to 1.73 million units, -23% lower than previous expectation. Sector re-deploys to… Continue reading UK new car registrations fall -44.4% in March as coronavirus crisis hits market

SMMT statement on ventilator challenge consortium

30 March 2020 #SMMT News Mike Hawes. SMMT Chief Executive, said, The essential and extraordinary work of this consortium will offer a beacon of hope to our NHS and all of society, and is a shining example of how the wider automotive and other manufacturing sectors can help in this time of crisis. The entire… Continue reading SMMT statement on ventilator challenge consortium

UK engine production declines -9.3% in February

27 March 2020 #SMMT News #UK Manufacturing 214,155 engines made in February as UK production declines -9.3%. Production for domestic car plants rises 14.0%, while exports fall -21.0%. More than 450,000 engines built in Britain in first two months, with 58.4% exported. Mike Hawes, SMMT Chief Executive, said, The UK is a global leader in… Continue reading UK engine production declines -9.3% in February

UK CV manufacturing down -13.6% in February, as sector supports fight against coronavirus

27 March 2020 #SMMT News #UK Manufacturing British commercial vehicle output falls -13.6% in February, with 7,980 units produced. Exports drive decline, down -26.2%, as output for UK market rises by 417 units. Crucial commercial vehicle sector calls for more government action to ensure uninterrupted deliveries during national crisis. UK commercial vehicle production declined -13.6%… Continue reading UK CV manufacturing down -13.6% in February, as sector supports fight against coronavirus

UK car production steady in February, down -0.8%, as sector braces for coronavirus impact

UK car production declines -0.8% in February, with some 1,033 fewer units made. Output for domestic market climbs 7.8% while exports fall -3.1% to 94,999, reflecting fundamentally sound sector despite global challenges. New initial impact analysis suggests coronavirus could wipe some 200,000 units off UK’s output in 2020, as sector urges government to accelerate access… Continue reading UK car production steady in February, down -0.8%, as sector braces for coronavirus impact

SMMT COVID-19 Update 2

18 March 2020 #SMMT News 1. Please follow this link for an SMMT round-up of the business support measures that have been outlined from government. We will update this with new information as it becomes available, let us know of any immediate questions or concerns which it may raise. 2. PriceWaterhouseCoopers have invited SMMT members… Continue reading SMMT COVID-19 Update 2