22 January 2021 #SMMT News SMMT reaction to announcement on building additional battery production in the UK Mike Hawes, SMMT Chief Executive, said The news that the UK will be home to additional battery production in the North East is hugely positive and an essential step in the transformation of the automotive sector to electric… Continue reading SMMT reaction to announcement on building additional battery production
Author: SMMT_UK_Manufacturers Official News
UK new van market finishes year down -20.0%
UK new light commercial vehicle (LCV) registrations end 2020 down -20.0%, some 73,121 units fewer than last year. Sector growth slowed at the end of a turbulent year, with registrations falling -1.0% in December. 292,657 of the latest, cleanest models hit UK roads in 2020 to renew and expand existing fleets. SEE LCV REGISTRATIONS BY… Continue reading UK new van market finishes year down -20.0%
UK automotive looks to green recovery strategy after -29.4% fall in new car registrations in 2020
UK annual new car registrations drop to 1.63 million in toughest year for market since 1992. Covid-enforced showroom closures drive overall demand down -29.4% – a 680,076-unit decline equivalent to £20.4bn in lost turnover. Best-ever year for electric cars with battery and plug-in hybrid vehicles market share up to 10.7%. Investment in charging infrastructure and… Continue reading UK automotive looks to green recovery strategy after -29.4% fall in new car registrations in 2020
SMMT calls for immediate ratification and implementation of draft UK-EU Trade & Cooperation Agreement
Draft UK-EU agreement avoids ‘no deal’ disaster for UK automotive industry. Sector welcomes supportive Rules of Origin with phase-in periods and commitment to reduce customs burdens, and calls for immediate ratification. With just hours from ratification to implementation, government should provide specific additional phase-in periods for administration requirements. Investment in UK’s electrified supply chain, including… Continue reading SMMT calls for immediate ratification and implementation of draft UK-EU Trade & Cooperation Agreement
SMMT comment on the signing of a UK-Turkey trade deal
29 December 2020 #Europe #SMMT News Mike Hawes, SMMT Chief Executive: We welcome today’s agreement between Turkey and the UK to extend preferential trading terms beyond 31 December. We now await the full text of the deal to assess the impact on our future relationship given the UK will now be outside of the customs… Continue reading SMMT comment on the signing of a UK-Turkey trade deal
SMMT comment on the conclusion of a EU-UK trading agreement
24 December 2020 #Europe #SMMT News Mike Hawes, SMMT Chief Executive: We welcome today’s agreement of a new EU-UK trading agreement, which provides a platform for our future relationship. We await the details to ensure this deal works for all automotive goods and technologies, including specifics on rules of origin and future regulatory co-operation. A… Continue reading SMMT comment on the conclusion of a EU-UK trading agreement
British engine production falls -8.2% in November
23 December 2020 #SMMT News #UK Manufacturing 189,883 UK engines built in November as output declines by -8.2%. Production for domestic and overseas markets falls -7.8% and -8.4% respectively. Engine output has declined in every month of 2020, with year-to-date output down -28.2%. Mike Hawes, SMMT Chief Executive, said, The eleventh consecutive month of decline… Continue reading British engine production falls -8.2% in November
UK commercial vehicle manufacturing down -1.9% in November as sector calls for swift resolution to UK-EU trade talks
23 December 2020 #SMMT News #UK Manufacturing UK commercial vehicle production dips -1.9% in November with 8,605 units built. Overall decrease driven by -8.8% exports decline, while production for UK rises 10.1% as sector works to meet ecommerce-driven demand. Almost 60,000 commercial vehicles made since January, a -16.1% decrease on 2019. Industry calls for quick… Continue reading UK commercial vehicle manufacturing down -1.9% in November as sector calls for swift resolution to UK-EU trade talks
UK car manufacturing declines -1.4% in November as sector urges Brexit negotiators to ‘seal the deal’
UK car manufacturing falls -1.4% in November with 106,243 vehicles leaving production lines. Output for domestic market declines -10.4% with exports flat, up just 0.3% to 90,597 units. Year-to-date production now down -31.0% with 380,809 fewer cars manufactured in 2020. Industry calls on Brexit negotiators to ‘seal the deal’ before Christmas to avoid irrevocable damage… Continue reading UK car manufacturing declines -1.4% in November as sector urges Brexit negotiators to ‘seal the deal’
SMMT reaction to ongoing UK-EU trade talks
13 December 2020 #Europe #SMMT News Mike Hawes. SMMT Chief Executive said: We welcome the commitment from both sides to continue talking and find a way through the political impasse – we now need negotiators to finish the job and agree the deal we all so desperately need, without further delay. ‘No deal’ would be… Continue reading SMMT reaction to ongoing UK-EU trade talks