New members – May 2022

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 opportunities by matching buyers to… Continue reading New members – May 2022

Strong start to the year continues for UK CV production

26 May 2022 #UK Manufacturing British CV production rises 27.6% in best performing April since 2016. Output grows 58.0% for export markets but declines by -1.0% for domestic. The proportion of CVs built for export during the month increases to 59.9%. UK commercial vehicle (CV) production rose by 27.6% in April, the fourth consecutive month… Continue reading Strong start to the year continues for UK CV production

Global pressures hold back April car production

UK car production falls -11.3% in April with 60,554 units leaving factory gates. Decline driven by multiple factors, including chip shortage, model and structural changes. Sector calls for renewed policy focus on industrial and market competitiveness. UK car production fell -11.3% in April with 60,554 units rolling off factory lines, according to the latest figures… Continue reading Global pressures hold back April car production

Industry calls for chargepoint ‘van plan’ to switch owners to electric

New research shows 57% of van owners anxious about going electric over fears they won’t be able to find a charging point when they need it. More than a third of all new van models now available with a plug, but only one in 20 buyers has switched to a battery powered van in 2022.… Continue reading Industry calls for chargepoint ‘van plan’ to switch owners to electric

Bus and coach registrations grow 45.2% in Q1 2022 but remain well below pre-pandemic levels

Demand for new buses and coaches grows 45.2% in Q1 2022, but remains -44.4% below pre-pandemic five year average. Single deck bus registrations increase sharply, rising by 131.9%, with minibuses up 36.8% and double-deckers up 8.4%. Industry looks to government for crucial infrastructure support and release of Bus Back Better funding to drive fleet renewal.… Continue reading Bus and coach registrations grow 45.2% in Q1 2022 but remain well below pre-pandemic levels

HGV registrations fall -2.3% in Q1 as supply chain and economic headwinds hamper recovery

9,837 heavy goods vehicles registered in first three months of 2022, down -2.3%. Demand for articulated trucks up 7.4% but rigid uptake falls -10.1%. Supply chain challenges and parts shortages hold back market at -17.1% below pre-pandemic levels. SEE HGV REGISTRATIONS BY BRAND DOWNLOAD PRESS RELEASE AND DATA TABLE UK heavy goods vehicle (HGV) registrations… Continue reading HGV registrations fall -2.3% in Q1 as supply chain and economic headwinds hamper recovery

Used car buyers double up on electric vehicles as market grows 5.1%

UK used car market grows 5.1% in Q1 2022 with 1,774,351 cars changing hands. Sales up in January (17.7%) and February (7.4%), but down in March (-6.8%). Market for used BEVs more than doubles, up 120.2% marking a record Q1 for transactions. The UK’s used car market increased 5.1% in the first quarter of 2022,… Continue reading Used car buyers double up on electric vehicles as market grows 5.1%

UK van registrations fall -29.1% amid supply challenges as manufacturers continue green delivery

New light commercial vehicle registrations fall to 21,597 units in April, a decline of -29.1% compared with best-on-record month last year. Registrations of large vans down -19.1%, while deliveries of medium-sized vans, the second largest segment by volume, drop by -48.6%. Supply chain challenges result in downward revision of outlook for 2022 to 328,000 units,… Continue reading UK van registrations fall -29.1% amid supply challenges as manufacturers continue green delivery

April new car market declines -15.8% as supply constraints see 2022 outlook downgraded

UK new car market declines -15.8% to 119,167 units in April, but battery electric car registrations buck trend, up 40.9%. SMMT revises 2022 outlook down from 1.89m units to 1.72m as parts shortages continue to impact supply. Plug-in cars anticipated to account for more than a quarter of market in 2022 but additional assurance needed… Continue reading April new car market declines -15.8% as supply constraints see 2022 outlook downgraded