New car market feels supply chain squeeze during critical ‘new numberplate’ month

New car registrations decline -14.3% to 243,479 units – the weakest March since 1998, before the UK went to two annual number plate changes – as supply chain shortages constrain deliveries. Best ever month for battery electric vehicles with 78.7% growth to 39,315 units, while all electrified vehicles account for one in three registrations. March… Continue reading New car market feels supply chain squeeze during critical ‘new numberplate’ month

SMMT Industry Forum appoints Richard Sadler as Managing Director

The Society of Motor Manufacturers and Traders (SMMT) is pleased to announce the appointment of Richard Sadler as the new Managing Director of SMMT Industry Forum. Sadler takes over from Mike Baunton, who returns to the role of Chair of the SMMT Industry Forum Board after serving as Interim MD. With more than 15 years… Continue reading SMMT Industry Forum appoints Richard Sadler as Managing Director

SMMT statement on zero emission bus funding and consultation

26 March 2022 #Bus & Coach #SMMT News Mike Hawes, SMMT Chief Executive, said: Greater funding for zero emission buses will be massively welcomed as the sector has had a torrid time because of the pandemic. With plummeting passenger numbers, cash strapped operators have been unable to fund new vehicles, stalling fleet renewal. New, zero… Continue reading SMMT statement on zero emission bus funding and consultation

Engine production falls -30.9% in February

25 March 2022 #UK Manufacturing UK engine production declines -30.9% on February last year, to 117,551 units. Year to date output falls -23.5% to 259,023 engines. Production for domestic and overseas markets down -38.5% and -24.3% respectively. Mike Hawes, SMMT Chief Executive, said, February’s engine production figures further highlight the challenging start to the year… Continue reading Engine production falls -30.9% in February

UK commercial vehicle production rises 92.2% in February but still below pre-pandemic levels

25 March 2022 #SMMT News #UK Manufacturing British CV production rises 92.2% but remains -10.3% down on pre-pandemic levels. Production for domestic and overseas markets increases by 96.9% and 87.9% respectively, with more than half of output shipped abroad. Sector calls for government action on energy costs to secure full recovery and long-term competitiveness and… Continue reading UK commercial vehicle production rises 92.2% in February but still below pre-pandemic levels

UK car production falls for eighth consecutive month as global chip shortage persist

UK car production falls -41.3% in February to 61,657 units as global chip shortage persists. One-in-four cars made either an electric or hybrid vehicle, totalling 15,905 units. As global economic headwinds hold back recovery, sector calls for urgent action to alleviate soaring business energy costs and encourage investment. UK car production fell -41.3% in February,… Continue reading UK car production falls for eighth consecutive month as global chip shortage persist

UK Automotive invests £10.8 billion in first ‘electric decade’

New analysis reveals manufacturers have committed £10.8 billion in UK EV and battery R&D and production since 2011. More than 150 models of plug-in cars and vans now on sale, while British factories have produced a quarter of a million electric cars, vans, buses and trucks in the last decade. In new blueprint for electric… Continue reading UK Automotive invests £10.8 billion in first ‘electric decade’

SMMT statement on Plug-in Van Grant extension to 2025

15 March 2022 #Emissions #SMMT News Mike Hawes, SMMT Chief Executive, said: Extending the Plug-in Van Grant is welcome as it will encourage more operators to make the switch to electric vehicles over the next three years. Furthermore, the confirmation of the continuation of the current licensing regulations will make it easier to recruit drivers… Continue reading SMMT statement on Plug-in Van Grant extension to 2025

UK van market falls -6.0% but market remains above pre-pandemic levels

New light commercial vehicle (LCV) registrations fall -6.0% in February to 16,165 units. Registrations of large vans decline by -9.9%, but demand for medium-sized vans, the second biggest segment by volume, grows 36.9%. Market holds 14.6% above pre-pandemic levels. SEE LCV REGISTRATIONS BY BRAND DOWNLOAD PRESS RELEASE AND DATA TABLE UK light commercial vehicle (LCV)… Continue reading UK van market falls -6.0% but market remains above pre-pandemic levels