Category: Trade Body Site

UK commercial vehicle output continues growth with best July for six years

UK commercial vehicle (CV) production rises 43.9% to 8,097 units in the best July since 2016 and eleventh consecutive month of growth. Overseas demand increases by 34.2%, while production for Britain’s CV market grows by 58.5%. UK manufacturing is up 46.9% since January, at 58,693, the best year to date since 2012. UK commercial vehicle… Continue reading UK commercial vehicle output continues growth with best July for six years

UK car production rises for third consecutive month

UK car manufacturing output rises 8.6% in July, the third consecutive month of growth. Production of hybrid, plug-in hybrid and electric vehicles surges 24.7% in the month. Volumes year-to-date down -16.5% to 461,174, driven by falling exports and structural changes. UK car production rose for the third consecutive month in July, up 8.6% to 58,043… Continue reading UK car production rises for third consecutive month

Meeting in the commercial vehicle industry group 24 August 2022 – BIL’s TVG together with NBF’s commercial vehicle group

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SMMT statement on Local EV Infrastructure (LEVI) £10m Fund Pilot

24 August 2022 #SMMT News Mike Hawes, SMMT Chief Executive said:  The LEVI pilot funding is a welcome step that will give drivers in the winning areas greater confidence to make the switch to electric motoring, and will hopefully help inspire operators and local authorities across the UK to increase the roll out of chargepoints.… Continue reading SMMT statement on Local EV Infrastructure (LEVI) £10m Fund Pilot

Familiar challenges but new opportunities for HGV sector

This week, SMMT released its second quarter registration figures for the HGV, Bus and Coach sectors, and mixed signals could be found. The UK new bus and coach market grew slightly by 0.6% to 1,066 units, with the good news that single-deck buses were up 65.3%, while double deckers – which represent a greater share… Continue reading Familiar challenges but new opportunities for HGV sector

Bus and coach demand struggles to recover from pandemic

1,066 new buses and coaches registered in Britain from April to June, up 0.6% on the same period last year. Q2 performance puts first half of 2022 up 17.9% year-on-year, with 2,040 vehicles registered – but market remains down -46.4% on the pre-pandemic five-year average. Ongoing weak ridership levels acting as discouragement to investment. SEE… Continue reading Bus and coach demand struggles to recover from pandemic

Demand for trucks steady in supply constrained market

UK heavy goods vehicle (HGV) registrations rise slightly by 0.4% to 9,533 units in the second quarter of 2022. Half-year registrations down -1.0% on 2021 and -29.5% below pre-pandemic 2019, as semiconductor and raw materials shortages continue to hamper supply. Action needed to ensure the UK remains a competitive market for new zero emission trucks.… Continue reading Demand for trucks steady in supply constrained market

UK-India FTA: Open letter to Secretary of State for International Trade

11 August 2022 #SMMT News In an open letter sent today to Secretary of State for International Trade Anne-Marie Trevelyan, the Society of Motor Manufacturers and Traders (SMMT) is one of 11 major cross-sector business groups calling for negotiators to prioritise substance over speed in the ‘once in a lifetime’ trade deal talks. Letter urges… Continue reading UK-India FTA: Open letter to Secretary of State for International Trade

BIL and NBF at Arendalsuka: Is it possible to reach the 2025 targets?

Are the benefits turned off too soon or is the timing good? ask BIL and NBF in the event in the Samferdsseltet at Arendalsuka on Wednesday 17 August at 12. In 2025, only zero-emission passenger cars and light vans will be sold in Norway. We are not on target, especially on light vans, we are… Continue reading BIL and NBF at Arendalsuka: Is it possible to reach the 2025 targets?