New light commercial vehicle (LCV) registrations up 8.3% in best September for four years. Battery electric van (BEV) uptake falls -0.5%, down for the sixth time in 2024 with market unlikely to reach the UK’s ambitious and mandated 2024 zero emission vehicle targets. Sector calls for long-term provision of Plug-in Van Grant and mandated van-suitable… Continue reading Demand for new vans rises in September but EV uptake falls again
Author: SMMT_UK_Manufacturers Official News
Unprecedented EV discounting shores up September new car market
New car market up 1.0% to 275,239 units in key ‘74’ plate change month of September as heavy EV discounting shores up demand. Record 56,387 BEV registrations in September, driven by massive manufacturer discounting, pushes YTD market share to 17.8%, with 18.5% forecast by year end – still below the zero emission vehicle mandate. SMMT… Continue reading Unprecedented EV discounting shores up September new car market
Comedian Tom Allen is celebrity guest speaker for SMMT Annual Dinner
Comedian Tom Allen to entertain 1,000-strong audience at 107th SMMT Annual Dinner. Prestigious event almost sold out with guests from across automotive, adjacent sectors, government and the media. SMMT President Mick Flanagan, Vice President for Volvo, JLR, Toyota, Nissan at Adient to set out challenges and opportunities facing sector in keynote address. Entertainer and comedian Tom… Continue reading Comedian Tom Allen is celebrity guest speaker for SMMT Annual Dinner
Commercial vehicle production at 14-year high despite August decline
CV manufacturing falls -10.0% in August, but up still 8.8% on pre-pandemic 2019 figures. Output for export declines by marginal -0.2%, while domestic demand drops by -21.3%. In first eight months, production grows by 5.8% to 78,805 units marking best year-to-date performance since 2010. British commercial vehicle (CV) manufacturing fell -10.0% in August, following July’s… Continue reading Commercial vehicle production at 14-year high despite August decline
Car production falls as factories continue model transition
August car production falls -8.4% in ongoing trend primarily due to model switchovers. Output reaches 41,271 units during traditionally quiet ‘summer shutdown’ month. Production for UK drops by -19.8% as exports decline by more modest -5.9%. UK car production fell by -8.4% in August, according to new figures published today by the Society of Motor… Continue reading Car production falls as factories continue model transition
New members – September 2024
25 September 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 – September 2024
Commercial Vehicle Show appoints new director
Commercial Vehicle Show appoints Mike Costain as new Event Director to bring fresh strategic vision to Britain’s largest trade show for the road transport sector. Appointment follows new strategic partnership between Nineteen Group, SMMT and the RHA, cementing the show’s reputation as the sector’s place to do business. Show set to deliver all-new opportunities for… Continue reading Commercial Vehicle Show appoints new director
100 UK aftermarket firms seek new opportunities at Automechanika Frankfurt
More than 100 businesses from UK’s £56.5 billion aftermarket sector to feature at Automechanika Frankfurt this week. SMMT‘s sold-out UK Pavilion features everything from world-class parts and innovative brake systems to small-volume electric vehicles and best-in-class remanufacturing. Show comes as firms seek new global opportunities to bolster domestic demand from Britain’s growing vehicle parc. More… Continue reading 100 UK aftermarket firms seek new opportunities at Automechanika Frankfurt
Van market ends summer with a return to growth
New light commercial vehicle registrations grow 1.7% in August to 16,575 units in best performance for the month since 2021. Demand continues across all van segments, while 4x4s and pick-ups record declines. EV uptake declines for fifth month this year, dropping -30.3% and highlighting need to bolster confidence, maintain fiscal support and roll out van-suitable… Continue reading Van market ends summer with a return to growth
August new car market holds steady ahead of critical plate change month
New car market stable in traditionally quiet month of August, dipping -1.3% to 84,575 units. Battery electric car demand up 10.8% in month as buyers respond to summer of heavy discounting. Sector calls for renewed focus on measures to help more buyers to go electric as crucial plate change month begins. SEE CAR REGISTRATIONS BY… Continue reading August new car market holds steady ahead of critical plate change month