11 December 2020 #Europe #SMMT News Mike Hawes, SMMT Chief Executive: “Even at this eleventh hour, we remain hopeful that a trade deal will be struck between the UK and EU. Leaving the single market and customs union means we will incur significant additional costs, but a ‘no deal’ scenario would be far more damaging.… Continue reading SMMT reaction to ongoing Brexit negotiations
Author: SMMT_UK_Manufacturers Official News
UK new van market up 8.8% in November
04 December 2020 #LCVs #Registrations #SMMT News Third consecutive month of growth for new van market, with 28,541 vehicles registered. Vans weighing more than 2.5-3.5 tonnes drive uplift, up 25.2%, with 20,769 new vehicles joining fleets before Christmas. Performance year-to-date still playing catch up, down -21.5% on 2019. SEE LCV REGISTRATIONS BY BRAND DOWNLOAD PRESS… Continue reading UK new van market up 8.8% in November
October 2020 new car pre-registration figures
30 November 2020 #Pre-Registration SMMT released figures for October pre-registrations in the UK new car market. The data shows the number of cars disposed of by vehicle manufacturers in October 2020 that were defined as pre-registrations. Download the October 2020 release Go to Source
British engine production declines by a fifth in October
26 November 2020 #SMMT News #UK Manufacturing 197,374 UK engines built in October as output declines by -20.1% Production for domestic and overseas markets falls -25.2% and -16.4% respectively. Year-to-date output remains down -30.1% as sector faces triple whammy of coronavirus, Brexit and 2030 end of sale date. Mike Hawes, SMMT Chief Executive, said, Another… Continue reading British engine production declines by a fifth in October
UK commercial vehicle production down -25.6% in October
UK commercial vehicle production falls by -25.6% as 6,761 units leave factory gates in October. Production both for overseas and domestic markets in double digit decline as dual impact of Covid-19 and risk of ‘no deal’ Brexit bring down operator confidence. Shortfall of 11,256 commercial vehicles in first 10 months pulls year-to-date performance down -18.1%.… Continue reading UK commercial vehicle production down -25.6% in October
October UK car production down -18.2% as sector awaits critical Brexit deal
UK car production falls -18.2% in October with 110,179 units leaving factory gates. Subdued demand from EU and US markets drives -19.1% exports decline, as output for UK buyers also falls. Year-to-date output lags by -33.8% with 379,308 fewer cars made than same period in 2019. Automotive sector calls for urgent Brexit agreement with details… Continue reading October UK car production down -18.2% as sector awaits critical Brexit deal
Drive home Brexit deal for Christmas or risk £55bn manufacturing hit, warns UK auto sector
UK Automotive warns of Brexit tariff damage as new figures reveal ‘no deal’ would cut vehicle production by two million over next five years. WTO tariffs would strike £55.4bn blow to UK sector by 2025 with annual production falling below one million units consistently. Brexit deal must work for automotive to sustain competitiveness, help drive… Continue reading Drive home Brexit deal for Christmas or risk £55bn manufacturing hit, warns UK auto sector
SMMT response to 2030 ICE end of sale date announcement
17 November 2020 #Emissions #SMMT News Mike Hawes, SMMT Chief Executive, said: We share government’s ambition for leadership in decarbonising road transport and are committed to the journey. Manufacturers have invested billions to deliver vehicles that are already helping thousands of drivers switch to zero, but this new deadline, fast-tracked by a decade, sets an immense… Continue reading SMMT response to 2030 ICE end of sale date announcement
New HGV registrations decline -1.6% in Q3 2020
16 November 2020 #HGVs #Registrations #SMMT News UK HGV market dips by 138 units to 8,419 in Q3 after turbulent first half of the year. Demand for rigids up by 12.6% mirroring demand for essential delivery services and construction as lockdown measures eased over the summer. Market currently down -39.6% year to date, representing a… Continue reading New HGV registrations decline -1.6% in Q3 2020
UK bus and coach demand declines -22.1% in Q3
16 November 2020 #Bus & Coach #Registrations #SMMT News New bus and coach market still grappling with effects of the pandemic, down -22.1% as just over 1,000 vehicles join UK roads in third quarter. Drop in registrations driven by double-digit decline in single-deck and minibus demand. Year-to-date performance down -30.4%, with 2,775 passenger vehicles registered… Continue reading UK bus and coach demand declines -22.1% in Q3