21 September 2022 #SMMT News Mike Hawes, SMMT Chief Executive, said: The new Business Secretary has given thousands of automotive companies vital breathing space, helping keep their operations viable this winter. This is a short-term fix, however, and to avoid a cliff-edge in six months’ time, it must be backed by a full package of… Continue reading SMMT statement on government Energy Bill Relief Scheme
Author: SMMT_UK_Manufacturers Official News
UK’s £50 billion aftermarket sector to seek trade opportunities at Automechanika Frankfurt 2022
SMMT to bring its largest overseas delegation to Automechanika Frankfurt since pandemic began. UK pavilion at leading global aftermarket trade fair to feature 22 firms from across the industry. Companies part of British aftermarket sector that turns over more than £50 billion every year. Automechanika Frankfurt 2022 today plays host to the largest UK aftermarket … Continue reading UK’s £50 billion aftermarket sector to seek trade opportunities at Automechanika Frankfurt 2022
SMMT statement on the passing of HM Queen Elizabeth II
08 September 2022 #SMMT News Mike Hawes, SMMT Chief Executive, said: We are deeply saddened to hear of the passing of Her Majesty Queen Elizabeth II who dedicated her life to the service of the nation and the Commonwealth. She was also a lifelong supporter of the UK automotive industry, with a keen interest in… Continue reading SMMT statement on the passing of HM Queen Elizabeth II
SMMT statement on the election of Liz Truss as Conservative Party leader
05 September 2022 #SMMT News Mike Hawes, SMMT Chief Executive, said: SMMT congratulates Liz Truss on her election as Leader of the Conservative Party and looks forward to working with her and her new team to drive the economic growth and investment the country desperately needs. The new Prime Minister faces immense challenges, not least… Continue reading SMMT statement on the election of Liz Truss as Conservative Party leader
UK van market records further decline in August
Britain’s light commercial vehicle market falls -24.6%, leaving industry without growth for whole of year to date. BEV uptake continues to grow, up 14.7%, reaching 6.1% market share. Ongoing supply chain issues lead to worst August since 2017, while year to date market down -27.2% on pre-pandemic 2019. SEE LCV REGISTRATIONS BY BRAND DOWNLOAD PRESS… Continue reading UK van market records further decline in August
New car market ends five months of decline ahead of plate change
UK new car registrations stabilise, up 1.2% to 68,858 units during traditionally quiet pre-plate change August. Battery electric vehicle (BEV) uptake continues to grow, up 35.4%. Overall year to date market remains -35.3% down on pre-pandemic 2019. SEE CAR REGISTRATIONS BY BRAND DOWNLOAD PRESS RELEASE AND DATA TABLE The UK new car market rose by… Continue reading New car market ends five months of decline ahead of plate change
New members – August 2022
25 August 2022 #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 – August 2022
UK commercial vehicle output continues growth with best July for six years
UK commercial vehicle (CV) production rises 43.9% to 8,097 units in the best July since 2016 and eleventh consecutive month of growth. Overseas demand increases by 34.2%, while production for Britain’s CV market grows by 58.5%. UK manufacturing is up 46.9% since January, at 58,693, the best year to date since 2012. UK commercial vehicle… Continue reading UK commercial vehicle output continues growth with best July for six years
UK car production rises for third consecutive month
UK car manufacturing output rises 8.6% in July, the third consecutive month of growth. Production of hybrid, plug-in hybrid and electric vehicles surges 24.7% in the month. Volumes year-to-date down -16.5% to 461,174, driven by falling exports and structural changes. UK car production rose for the third consecutive month in July, up 8.6% to 58,043… Continue reading UK car production rises for third consecutive month
SMMT statement on Local EV Infrastructure (LEVI) £10m Fund Pilot
24 August 2022 #SMMT News Mike Hawes, SMMT Chief Executive said: The LEVI pilot funding is a welcome step that will give drivers in the winning areas greater confidence to make the switch to electric motoring, and will hopefully help inspire operators and local authorities across the UK to increase the roll out of chargepoints.… Continue reading SMMT statement on Local EV Infrastructure (LEVI) £10m Fund Pilot