SMMT reaction to the Budget

03 March 2021 #SMMT News Mike Hawes, SMMT Chief Executive, said, “Today’s budget provides some encouragement to an automotive sector hit hard by the pandemic and additional trading costs but it falls short of the support needed to transform the industry and market to the net zero future to which both the government and industry… Continue reading SMMT reaction to the Budget

Electric vehicles: Helping consumers identify the right recharging option with standardised labels

Brussels, 1 March 2021 – A brand new harmonised set of labels for electric vehicles and charging stations will start to be used throughout Europe as of 20 March this year, in line with the requirements of the EU Directive on the deployment of alternative fuels infrastructure (2014/94/EU). As well as appearing on charging stations,… Continue reading Electric vehicles: Helping consumers identify the right recharging option with standardised labels

January UK engine production falls -29.3%

26 February 2021 #UK Manufacturing UK engine manufacturing output declines -29.3% in January with just 168,291 units built. Production for domestic and overseas markets falls -27.2% and -30.8% respectively. 13th consecutive month of decline as automotive sector looks towards March budget for support. Mike Hawes, SMMT Chief Executive, said, It has been an extremely challenging… Continue reading January UK engine production falls -29.3%

UK commercial vehicle manufacturing down -31.5% in January

26 February 2021 #UK Manufacturing UK commercial vehicle production starts the year down -31.5% to 5,616 units. Output falls for both domestic and overseas markets, declining -28.8% and -33.6% respectively. Industry calls for supportive measures in upcoming Budget to help restore market confidence and encourage fleet renewal. UK production of commercial vehicles (CVs) declined -31.5%… Continue reading UK commercial vehicle manufacturing down -31.5% in January

January UK car production falls -27.3% as industry calls for measures to support competitiveness

Weakest January since 2009 as UK car manufacturing output declines -27.3% to 86,052 units – the 17th consecutive monthly decline. Better news for alternatively fuelled vehicles with 21,792 cars made, up 18.9%. Having lost car production worth £11.3bn to pandemic, sector urges Chancellor to introduce measures to enhance auto manufacturing competitiveness. UK car production fell… Continue reading January UK car production falls -27.3% as industry calls for measures to support competitiveness

European steel users call on Commission to terminate safeguard measures on 30 June 2021

Brussels, 26 February 2021 – In response to today’s announcement by the European Commission that it will review the safeguard measures on steel, in place since 2018, a coalition of downstream users of steel is urging the Commission not to extend the measures beyond their expiry date this June. While the COVID-19 pandemic has severely… Continue reading European steel users call on Commission to terminate safeguard measures on 30 June 2021

Commercial vehicle registrations: -7.2% in January 2021

Brussels, 24 February 2021 – In January 2021, new commercial vehicle registrations in the European Union fell by 7.2% to 141,462 units. Total new commercial vehicles In January 2021, new commercial vehicle registrations in the European Union fell by 7.2% to 141,462 units. Demand contracted in all segments, although the drop in sales of new… Continue reading Commercial vehicle registrations: -7.2% in January 2021

UK HGV registrations fall -32.2% in 2020 as operators postpone fleet renewal

Truck registrations drop to 32,918 units following bumper 2019 and impact of pandemic. Falls seen in both rigids (-27.9%) and articulated trucks (-37.2%). Q4 underwhelms with -10.9% fall despite pre-Christmas push in truck activity. Gradual return to pre-pandemic utilisation levels provides hope for 2021. SEE HGV REGISTRATIONS BY BRAND DOWNLOAD PRESS RELEASE AND DATA TABLE… Continue reading UK HGV registrations fall -32.2% in 2020 as operators postpone fleet renewal