Eighth consecutive month of growth for UK van market in August, up 5.0% to 16,303 units. Battery electric van demand continues to rise, up 6.9% in the month to 1,122 units. Registrations year-to-date hit 213,219 as sector’s recovery gathers pace. SEE LCV REGISTRATIONS BY BRAND DOWNLOAD PRESS RELEASE AND DATA TABLE The UK new light… Continue reading UK van market continues growth in August
Author: SMMT_UK_Manufacturers Official News
August boost for EV market but regulatory uncertainty threatens future ambitions
New car market enters second year of growth as August registrations rise 24.4%. Battery electric cars take highest monthly market share for the year, accounting for 20.1% of new cars reaching the road. Industry warns delay on Zero Emission Vehicle Mandate details puts decarbonisation goals at risk. SEE CAR REGISTRATIONS BY BRAND DOWNLOAD PRESS RELEASE… Continue reading August boost for EV market but regulatory uncertainty threatens future ambitions
UK CV production hits July eight year high
Commercial vehicle output rises 9.3% in fourth consecutive month of growth. 8,853 units produced in best July since 2015, while year to date output soars 68.0% above pre-pandemic volumes. Export performance continues to rise as domestic demand remains stable. 2023 UK commercial vehicle (CV) manufacturing output grew 9.3% in July to reach 8,853 units, according… Continue reading UK CV production hits July eight year high
Six months of growth for UK car production
UK car production surges 31.6% in July marking sixth consecutive month of growth. Double digit rises in demand from overseas and UK, up 36.1% and 13.7% respectively. Year-to-date, factories turn out 526,619 cars, with volumes up 14.2% on first seven months of 2022. UK car production surged in July, rising 31.6% to mark the sixth… Continue reading Six months of growth for UK car production
July 2023 new car pre-registration figures
30 August 2023 #Pre-Registration SMMT released figures for July pre-registrations in the UK new car market. The data shows the number of cars disposed of by vehicle manufacturers in July 2023 that were defined as pre-registrations. Download the July 2023 release Go to Source
New members – August 2023
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 opportunities by matching buyers to… Continue reading New members – August 2023
British bus and coach demand grows in best Q2 since 2019
UK new bus, coach and minibus market up 5.9% in Q2 2023, as 1,129 vehicles join Britain’s road transport network. Growth driven by surge in demand for double and single deckers, up 211.3% and 32.0% respectively, while demand for minibuses falls by -28.7%. Support such as the Bus Fare Cap Grant helps sector to stabilise… Continue reading British bus and coach demand grows in best Q2 since 2019
Five quarters of truck fleet growth with UK operator demand back to pre-pandemic levels
New HGV market rises by 17.2% in Q2 2023 as fleet renewal returns to pre-pandemic levels. Double-digit growth for rigid and articulated trucks, with volumes up 12.5% and 23.3% respectively. Sector seeks sustainable strategy to spur depot investment and green fleet transition. SEE HGV REGISTRATIONS BY BRAND DOWNLOAD PRESS RELEASE AND DATA TABLE The UK… Continue reading Five quarters of truck fleet growth with UK operator demand back to pre-pandemic levels
Used car market electrifying as EV sales soar in second quarter
UK used car market grows 4.1% in Q2 2023, with more than 1.8 million units changing hands. Sales of used battery electric vehicles (BEVs) soar by 81.8%, accounting for record 1.7% market share. First half transactions also up 4.1% on weak 2022 volumes, but market remains -9.2% behind pre-pandemic 2019. Download the used car sales… Continue reading Used car market electrifying as EV sales soar in second quarter
UK new van market grows for seventh month running
Britain’s light commercial vehicle market grows 44.2% in July, the seventh consecutive month of growth, with 26,990 units registered. Electric van demand almost doubles – up 94.6% in the month. New outlook expects LCV market to grow by 16.1% to 328,000 units in 2023 and edge up 0.5% in 2024. SEE LCV REGISTRATIONS BY BRAND… Continue reading UK new van market grows for seventh month running