Category: Trade Body Site

Commercial vehicle production falls -11.5% in August

25 September 2020 #SMMT News #UK Manufacturing August commercial vehicle production declines -11.5%, with 4,915 vans, taxis, trucks and buses manufactured. Some 641 fewer vehicles produced in the month than the previous year, which marked the strongest August since 2012. Year-to-date performance remains down, as industry struggles to make up demand shortfall of -20.0%. UK… Continue reading Commercial vehicle production falls -11.5% in August

UK car manufacturing falls -44.6% in August as coronavirus bites again

UK car production declines -44.6% in August with 51,039 units rolling off factory lines. Ongoing coronavirus crisis stalls efforts to ramp up output with weak demand overseas compounded by heavy domestic losses. Production so far this year down -40.2% with a loss of 348,821 units worth more than £9.5bn to UK car makers. As pandemic’s… Continue reading UK car manufacturing falls -44.6% in August as coronavirus bites again

“We want transition, not decline”

And now Mahle too. What Continental, Schaeffler and many other suppliers The Stuttgart-based auto supplier now also wants to pull through: He wants to tighten its austerity program. The bottom line is that the company wants to cut 7,600 jobs worldwide, around 2,000 of them in Germany. “We are dealing with a crisis that we… Continue reading “We want transition, not decline”

Only weeks left to save EU and UK auto sectors from €110 billion ‘no deal’ Brexit disaster

EU and UK automotive leaders unite to call for urgent agreement of an ambitious free trade deal before the end of the transition period in just 15 weeks’ time. New calculations show the catastrophic impact of ‘no deal’ with WTO tariffs putting production of some 3 million EU and UK built cars and vans at… Continue reading Only weeks left to save EU and UK auto sectors from €110 billion ‘no deal’ Brexit disaster

Statistics – Interactive map: Electric vehicle purchase incentives per country in Europe (2020 update)

This map demonstrates the correlation between the market uptake of electrically-chargeable vehicles (ECVs) and the availability of purchase incentives to stimulate ECV sales (in 2020) for each of the 27 member states of the European Union and the United Kingdom. Key observations Purchase incentives for electrically-chargeable vehicles (ECVs), and especially their monetary value, still differ… Continue reading Statistics – Interactive map: Electric vehicle purchase incentives per country in Europe (2020 update)

LCV market drops by -16.1% as businesses wait for plate change

04 September 2020 #LCVs #Registrations #SMMT News UK light commercial vehicle (LCV) registrations decline by -16.1% during the traditional ‘quiet’ month for registrations 19,407 vans registered as businesses await plate change month and clarity over economic outlook YTD sales down -36.4%, equivalent to almost 90,000 units. SEE LCV REGISTRATIONS BY BRAND DOWNLOAD PRESS RELEASE AND… Continue reading LCV market drops by -16.1% as businesses wait for plate change

New car registrations down -5.8% despite new model boost to electric vehicle demand

New car registrations decline -5.8% during traditionally quiet pre-plate change month. Private car demand remains relatively steady, down -1.7%, with 699 fewer registrations, but fleet and business purchases drop by more substantial -5.5% and -57.9% respectively. Sales of zero emission-capable cars rise by 110% as new models hit the market, but still accounted for less… Continue reading New car registrations down -5.8% despite new model boost to electric vehicle demand

Billions invested in electric vehicle range but nearly half of UK buyers still think 2035 too soon to switch

Huge investment in electric vehicle choice is driving demand, but nearly half of motorists still not ready for a 2035 switch, with higher purchase prices and charging concerns holding buyers back. SMMT calls for zero tax on zero emission-capable cars, including plug-in hybrids, alongside long-term commitment to the Plug-in Grant to drive as many as… Continue reading Billions invested in electric vehicle range but nearly half of UK buyers still think 2035 too soon to switch