Author: SMMT_UK_Manufacturers Official News

Van market posts second best-ever November but EVs and pick-ups need support to keep pace

Light commercial vehicle registrations rise 10.5% in second best November on record. Uptake of all van classes rises but pick-up demand continues to decline. Electric van volumes grow by a third but review of market regulation urgently needed as annual market share retreats further from 10% target. SEE LCV REGISTRATIONS BY BRAND DOWNLOAD PRESS RELEASE… Continue reading Van market posts second best-ever November but EVs and pick-ups need support to keep pace

Discounts drive EV growth amid wider market contraction

UK’s new car market declines by -1.9% in November with 153,610 deliveries made. EV uptake rises as manufacturers continue unprecedented discounts totalling £4 billion this year. Industry welcomes urgent review of market regulation and incentives to deliver successful transition. SEE CAR REGISTRATIONS BY BRAND DOWNLOAD PRESS RELEASE AND DATA TABLE Deliveries of new cars fell… Continue reading Discounts drive EV growth amid wider market contraction

CV production records best January-October performance in 16 years

UK commercial vehicle manufacturing falls -3.9% in October, but still records second-best monthly performance since 2008. Production for exports drops -11.6%, while domestic demand grows by 11.9%. Year to date output up 6.9% to 105,834 units – a 16-year high. News comes as industry calls for urgent action on market regulation and business costs. UK… Continue reading CV production records best January-October performance in 16 years

Car output slips in October as UK and EU markets stall

British car production down -15.3% in October with 77,484 units rolling off factory lines. Output for home and export markets declines -4.7% and -17.6% respectively. Latest production outlook downgrades expectations as new car markets in UK and overseas stall. News comes as industry calls for urgent action with weak EV demand and unsustainable business costs… Continue reading Car output slips in October as UK and EU markets stall

Alarm bells ringing as EV transition hits auto industry

Auto sector calls for urgent market intervention as weak demand and unsustainable business costs undermine UK industry. Car manufacturers face almost £6 billion bill to meet ZEV Mandate in first year, new analysis shows. Industry outlook anticipates 116,000 fewer new electric cars and vans will be registered this year compared with expectations when mandate was… Continue reading Alarm bells ringing as EV transition hits auto industry

New Members – November

25 November 2024 #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 – November

SMMT’s Meet the Buyer returns to Automechanika Birmingham 2025

SMMT’s flagship Meet the Buyer back at Automechanika Birmingham 2025 as part of Automotive Supply Chain Forum. Key event matches automotive buyers with suppliers to develop meaningful business connections. Feedback from latest edition shows nearly nine-in-10 meetings delivered a positive outcome. The Society of Motor Manufacturers and Traders’ (SMMT) flagship Meet the Buyer event will… Continue reading SMMT’s Meet the Buyer returns to Automechanika Birmingham 2025

Industry unites to fight the electric fear

New initiative launched to combat misinformation surrounding electric vehicles Auto Trader, ChargeUK and the Society of Motor Manufacturers and Traders have committed to promote a set of user-friendly facts about electric cars, endorsed by the Department for Transport Research shows a significant proportion of consumers believe myths such as “electric vehicles are more likely to… Continue reading Industry unites to fight the electric fear