Category: Trade Body Site

SMMT AND JAMA publish joint position paper on UK/Japan trade negotiations

10 July 2020 #SMMT News Following the SMMT-JAMA joint statement on the UK and Japanese governments starting to negotiate a UK-Japan Free Trade Agreement, both organisations have today published a joint position paper on the UK and Japan trade talks currently underway.  SMMT and JAMA are in agreement that the conclusion of a new Japan-UK… Continue reading SMMT AND JAMA publish joint position paper on UK/Japan trade negotiations

Van market shrinks -24.8% in June, as businesses slowly emerge from lockdown

UK light commercial vehicle (LCV) registrations decline -24.8% in June. More than 30,000 vehicles registered as lockdown measures begin to ease. 108,876 new vans join UK roads in first six months, down -44.6% on same period last year. SEE LCV REGISTRATIONS BY BRAND DOWNLOAD PRESS RELEASE AND DATA TABLE The UK new light commercial vehicle… Continue reading Van market shrinks -24.8% in June, as businesses slowly emerge from lockdown

UK new car market down a third as tentative restart reveals subdued demand

Tentative restart for UK’s new car market in June yields 145,377 registrations, a -34.9% decline reflecting uncertain economic confidence and delayed re-opening of Welsh and Scottish showrooms. Almost quarter of a million sales to private buyers now lost since lockdown, at a cost of £1.1bn to the Treasury in VAT receipts. Year to date registrations… Continue reading UK new car market down a third as tentative restart reveals subdued demand

News – COVID-19: ACEA letter to Commissioner Breton

The shutdown of production and sales imposed by member states to fight Covid‐19 has caused a significant build‐up of stocks at automobile manufacturers, importers and dealers. These vehicles meet current emission standards but not the new standards that will enter into force in the coming months. The President of ACEA addressed a letter on this… Continue reading News – COVID-19: ACEA letter to Commissioner Breton

UK engine production down by -75% in May as manufacturing emerges from lockdown

26 June 2020 #SMMT News #UK Manufacturing UK Auto builds 55,836 engines in May – skyrocketing from just 830 in April, but still down -75.0% on last year. Dedicated support needed to accelerate production restart against a backdrop of subdued demand. Year-to-date production down by almost half a million units compared with 2019 – a… Continue reading UK engine production down by -75% in May as manufacturing emerges from lockdown

Commercial vehicle production down -61.6% in May as some factories stay closed

26 June 2020 #SMMT News #UK Manufacturing 810 commercial vehicles built in May, down -61.6% as many plants remain shuttered amid coronavirus lockdown. Year-to-date production down -29.8%, compared with an already low volume May in 2019 amid key model changeovers.1 Production for both home and overseas markets falls, down -60.3% and -63.2% respectively. UK commercial… Continue reading Commercial vehicle production down -61.6% in May as some factories stay closed

UK car production falls -95.4% in May as sector begins to restart

British car production falls -95.4% in May with plants either closed or restarting at reduced capacity. Just 5,314 units roll off production lines as social distancing measures and market lockdowns restrict output. Year-to-date UK factories turn out 324,763 cars, down -41.7% on 2019. UK car manufacturing output fell -95.4% in May with just 5,314 vehicles… Continue reading UK car production falls -95.4% in May as sector begins to restart

Press Releases – Commercial vehicle registrations: -36.7% five months into 2020; -44.4% in May

Brussels, 24 June 2020 – In May 2020, EU commercial vehicle registrations decreased by 44.4%, although the decline was less pronounced than in April as measures to contain COVID-19 were relaxed. Total new commercial vehicles In May 2020, EU commercial vehicle registrations decreased by 44.4%, although the decline was less pronounced than in April as… Continue reading Press Releases – Commercial vehicle registrations: -36.7% five months into 2020; -44.4% in May

UK Auto calls for restart support as Covid crisis threatens one in six jobs

UK auto industry calls for dedicated restart package to save jobs and pave the way for recovery. New SMMT survey reveals a third of workforce still on furlough with up to one in six jobs at risk. ‘Turbocharged’ Brexit negotiations needed to deliver a comprehensive zero-tariff FTA – crucial to avoiding crippling £40bn production losses… Continue reading UK Auto calls for restart support as Covid crisis threatens one in six jobs