New car registrations rise 14.0% to 84,886 units – best performance for the month since 2004. Battery electric vehicle share grows during traditionally low-volume, pre-new number plate month. Industry calls for fairer EV taxation as fleets continue to drive growth, while private EV uptake declines. SEE CAR REGISTRATIONS BY BRAND DOWNLOAD PRESS RELEASE AND DATA… Continue reading New car market records best February for 20 years
Author: SMMT_UK_Manufacturers Official News
Car industry urges ‘fair tax for a fair transition’ to put EVs back in the fast lane
New research shows almost half of would-be EV buyers will now wait until after 2030 to switch – compared with just one in 10 last year. Third of motorists most concerned with upfront cost as private EV uptake down -19% year on year in 2023 after end of consumer incentives. Industry urges EV tax breaks… Continue reading Car industry urges ‘fair tax for a fair transition’ to put EVs back in the fast lane
CV output records best start to year since 2008
UK CV production rises 26.9% in January in best start to a year since 2008. Production for export up 49.8%, while output for the UK declines -4.0%. Exports drive growth, with nearly seven in 10 (67.8%) CVs built for international markets. UK commercial vehicle (CV) production grew by 26.9% in the first month of 2024,… Continue reading CV output records best start to year since 2008
UK car production off to a fast start in January
British car manufacturing output grows 21.0% in January, to 82,997 units. Export volumes up 11.6%, while production for UK market surges 64.5%. Electrified vehicle production continues to grow, up 4.5% to 29,590 units. UK car production got off to a fast start in January, according to the latest figures published today by the Society of… Continue reading UK car production off to a fast start in January
New members – February 2024
26 February 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 – February 2024
January 2024 new car pre-registration figures
22 February 2024 #Pre-Registration SMMT released figures for January pre-registrations in the UK new car market. The data shows the number of cars disposed of by vehicle manufacturers in January 2024 that were defined as pre-registrations. Download the January 2024 release Go to Source
Next stop, Net Zero: Britain boasts Europe’s biggest new zero emission bus market
Demand for new buses, coaches and minibuses reaches highest level since the pandemic with 4,932 new units entering service in 2023. Market up 44.6% on previous year but remains -16.0% down on 2019. Sector leads UK’s Net Zero journey as Europe’s biggest zero emission bus market, with 45.1% of new single and double deckers electric… Continue reading Next stop, Net Zero: Britain boasts Europe’s biggest new zero emission bus market
Demand for new trucks grows for second year running as more businesses go green
UK’s new truck market grows for second consecutive year, up 13.5% to 46,227 units in 2023 – the best performance since 2019. Demand soars for rigid and articulated trucks, rising 14.7% and 12.2% respectively. Zero emission HGV registrations triple year on year, but at just 0.5% market share uptake must accelerate quickly to meet UK’s… Continue reading Demand for new trucks grows for second year running as more businesses go green
Used car market up as EV sales reach record levels
UK used car transactions grow 5.1% in 2023, with 7,242,692 changing hands as improving new car market re-energises supply. Superminis and black paint most popular used car style choices, taking 32.1% and 21.4% of the market respectively. Battery electric car sales almost doubled, up by 90.9% to 118,973 – but at just 1.6% of the… Continue reading Used car market up as EV sales reach record levels
SMMT statement on House of Lords electric vehicle report
06 February 2024 #Emissions #SMMT News #Statements Mike Hawes, SMMT Chief Executive, said: The Lords report recognises the role government must play in accelerating the EV transition. Many of the recommendations have already been highlighted by industry, such as chargepoint rollout ahead of need, equalising VAT on public charging to home charging and the importance… Continue reading SMMT statement on House of Lords electric vehicle report