Author: SMMT_UK_Manufacturers Official News

UK engine production declines -9.3% in February

27 March 2020 #SMMT News #UK Manufacturing 214,155 engines made in February as UK production declines -9.3%. Production for domestic car plants rises 14.0%, while exports fall -21.0%. More than 450,000 engines built in Britain in first two months, with 58.4% exported. Mike Hawes, SMMT Chief Executive, said, The UK is a global leader in… Continue reading UK engine production declines -9.3% in February

UK CV manufacturing down -13.6% in February, as sector supports fight against coronavirus

27 March 2020 #SMMT News #UK Manufacturing British commercial vehicle output falls -13.6% in February, with 7,980 units produced. Exports drive decline, down -26.2%, as output for UK market rises by 417 units. Crucial commercial vehicle sector calls for more government action to ensure uninterrupted deliveries during national crisis. UK commercial vehicle production declined -13.6%… Continue reading UK CV manufacturing down -13.6% in February, as sector supports fight against coronavirus

UK car production steady in February, down -0.8%, as sector braces for coronavirus impact

UK car production declines -0.8% in February, with some 1,033 fewer units made. Output for domestic market climbs 7.8% while exports fall -3.1% to 94,999, reflecting fundamentally sound sector despite global challenges. New initial impact analysis suggests coronavirus could wipe some 200,000 units off UK’s output in 2020, as sector urges government to accelerate access… Continue reading UK car production steady in February, down -0.8%, as sector braces for coronavirus impact

SMMT COVID-19 Update 2

18 March 2020 #SMMT News 1. Please follow this link for an SMMT round-up of the business support measures that have been outlined from government. We will update this with new information as it becomes available, let us know of any immediate questions or concerns which it may raise. 2. PriceWaterhouseCoopers have invited SMMT members… Continue reading SMMT COVID-19 Update 2

UK new van market down slightly in February

05 March 2020 #LCVs #Registrations #SMMT News UK light commercial vehicle (LCV) market declines -2.0% after two months of growth. Demand for pickups and smaller commercials falls in double digits, but mid-size vans buck the trend, up 9.3%. Year-to-date performance remains ahead, up 2.8%, with 37,660 new LCVs registered. SEE LCV REGISTRATIONS BY BRAND DOWNLOAD… Continue reading UK new van market down slightly in February

UK new car market falls -2.9% in February as industry calls for tax free EVs to kick-start demand

UK new car market declines -2.9% in February to 79,594, as demand from private buyers falls again. Good month for battery electric and plug-in hybrid electric cars, with 4,566 joining UK roads but, at just 5.8%, market share remains low. Industry urges Chancellor to help more drivers go electric – as new calculations show removal… Continue reading UK new car market falls -2.9% in February as industry calls for tax free EVs to kick-start demand

SMMT response to the UK Government’s Approach to Negotiations

27 February 2020 #Europe #SMMT News Mike Hawes, SMMT Chief Executive: With both mandates now on the table, negotiations for an ambitious, world-leading FTA must now begin in earnest. The UK government’s special focus on automotive is welcome given the sector’s importance to both economic prosperity and jobs across Britain. We look forward to continuing… Continue reading SMMT response to the UK Government’s Approach to Negotiations

UK engine manufacturing falls -1.7% in January

27 February 2020 #SMMT News #UK Manufacturing UK engine manufacturing down -1.7% in January, with 238,193 units built. Decline driven by -7.9% fall in overseas demand, with 140,418 engines sent abroad. Dependence on overseas trade highlights the need for an ambitious future trade deal with EU. Mike Hawes, SMMT Chief Executive, said, While it is… Continue reading UK engine manufacturing falls -1.7% in January

British commercial vehicle production down -10.7% in January

27 February 2020 #SMMT News #UK Manufacturing Start of 2020 sees UK commercial vehicle manufacturing fall -10.7%, following remarkable 49.1% growth in January 2019.1 Production falls for both home and overseas markets, down -8.8% and -12.2% respectively. Fifth consecutive month of decline in home demand, with 352 fewer UK-built CVs than last year. UK commercial… Continue reading British commercial vehicle production down -10.7% in January