British commercial vehicle production grows by 39.3% to 101,600 units in 2022, the best annual performance since 2012. Output for overseas markets surges 63.4%, with production for UK increasing by 14.0% in the year. December manufacturing posts first decline of the year, down -23.6% from supply chain disruption. UK commercial vehicle (CV) production grew 39.3%… Continue reading Best year in a decade for UK CV production
Author: SMMT_UK_Manufacturers Official News
UK car production down but electric vehicle output surges to new record
Annual UK car production falls -9.8% to 775,014 units in 2022 as global chip shortages and structural changes depress output. Record levels of electrified vehicle production with almost a third of all cars made fully electric or hybrid – worth £10 billion in exports alone. Volumes for UK rise 9.4% but fail to offset declining… Continue reading UK car production down but electric vehicle output surges to new record
New members – January 2023
25 January 2023 #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 – January 2023
December 2022 new car pre-registration figures
25 January 2023 #Pre-Registration SMMT released figures for December pre-registrations in the UK new car market. The data shows the number of cars disposed of by vehicle manufacturers in December 2022 that were defined as pre-registrations. Download the December 2022 release Go to Source
SMMT’s Meet the Buyer returns to Automechanika Birmingham with new Automotive Supply Chain Forum
Essential networking event to form part of new Automotive Supply Chain Forum at Automechanika Birmingham. More than 1,400 successful business introductions delivered since Meet the Buyer’s inception. Automotive supply chain sector adds £4.2 billion value to UK economy. The Society of Motor Manufacturers and Traders’ (SMMT) Meet the Buyer event will return to Automechanika Birmingham… Continue reading SMMT’s Meet the Buyer returns to Automechanika Birmingham with new Automotive Supply Chain Forum
Colours put in the shade as grey matters most to UK car buyers
Grey is UK’s most popular new car colour for fifth consecutive year with 25.7% market share, followed by black and white to complete a monochrome podium. Maroon, pink and cream were bottom of the charts, taking just 0.02% of all registrations combined. Green enjoys resurgence with biggest volume uplift of +13,293 units while electric vehicles… Continue reading Colours put in the shade as grey matters most to UK car buyers
SMMT statement on Energy Bills Discount Scheme
09 January 2023 #SMMT News Mike Hawes, SMMT Chief Executive, said: A new energy support scheme to help all businesses next winter is welcome. Energy remains the second largest automotive manufacturing input cost and UK businesses already face the highest electricity costs in Europe. However, automotive will not qualify for the additional higher-level support afforded… Continue reading SMMT statement on Energy Bills Discount Scheme
New van registrations fall in 2022 as market looks towards net zero rebuild
UK new light commercial vehicle (LCV) registrations end the year down -20.6% following significant post-pandemic fleet renewal in 2021 and supply chain challenges. 16,744 battery electric vans (BEV) registered in 2022, representing 5.9% of all vans joining UK roads last year. Action needed to deliver van-suitable charging infrastructure and a fiscal framework to encourage more… Continue reading New van registrations fall in 2022 as market looks towards net zero rebuild
Chip crisis subdues new car market but EVs now second only to petrol
Supply chain shortages subdue new car market to 1.61m units in 2022 – a -2.0% fall on pandemic-afflicted 2021 – but UK reclaims position as Europe’s second biggest market. Battery electric vehicles secure best ever monthly market share and become Britain’s second most popular powertrain for the year. Rising registrations see market improvement in last… Continue reading Chip crisis subdues new car market but EVs now second only to petrol
New members – December 2022
03 January 2023 #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 – December 2022