Category: Trade Body Site

New HGV registrations decline -1.6% in Q3 2020

16 November 2020 #HGVs #Registrations #SMMT News UK HGV market dips by 138 units to 8,419 in Q3 after turbulent first half of the year. Demand for rigids up by 12.6% mirroring demand for essential delivery services and construction as lockdown measures eased over the summer. Market currently down -39.6% year to date, representing a… Continue reading New HGV registrations decline -1.6% in Q3 2020

UK bus and coach demand declines -22.1% in Q3

16 November 2020 #Bus & Coach #Registrations #SMMT News New bus and coach market still grappling with effects of the pandemic, down -22.1% as just over 1,000 vehicles join UK roads in third quarter. Drop in registrations driven by double-digit decline in single-deck and minibus demand. Year-to-date performance down -30.4%, with 2,775 passenger vehicles registered… Continue reading UK bus and coach demand declines -22.1% in Q3

Press release No. 27/2020 – Number 1 of the segments in the reporting month October 2020

Flensburg, November 6, 2020. There were three management changes in the reporting month of October 2020. In the upper-class segment, the Porsche Taycan, in the SUVs the VW T-Roc and in the utilities segment, the VW Transporter with the highest new registration rate. The models with the highest registrations of the previous month were shown… Continue reading Press release No. 27/2020 – Number 1 of the segments in the reporting month October 2020

UK van market sees order boost ahead of Christmas season, up 13.3%

Highest October on record for UK LCV market, as registrations increase by 13.3%, with 28,753 units registered. Growth in demand driven by heavier end of the van market, as operators expand fleets ahead of Christmas season. Year to date market yet to make up 75,000-unit shortfall, with performance in first 10 months down -24.1%, as… Continue reading UK van market sees order boost ahead of Christmas season, up 13.3%

New car registrations decline -1.6% as Welsh ‘firebreak’ lockdown subdues demand

UK new car market falls -1.6% in October, with 140,945 cars registered, marking a nine-year low for the sector. Welsh ‘firebreak’ accounts for more than half of month’s losses, ahead of new ‘stay at home’ order for England, forcing UK showrooms to close in November. Industry pins hopes on click & collect to avoid repeat… Continue reading New car registrations decline -1.6% as Welsh ‘firebreak’ lockdown subdues demand

British engine production declines -2.4% in weakest September since 2014

29 October 2020 #UK Manufacturing 216,643 UK engines built in September as output declines -2.4%, marking worst September since 2014 Production for domestic and overseas markets falls -0.8% and -3.3% respectively. Year-to-date output remains down -31.4% as sector approaches challenging Q4. Mike Hawes, SMMT Chief Executive, said, With a second wave of coronavirus sweeping the… Continue reading British engine production declines -2.4% in weakest September since 2014

UK CV manufacturing stable in September but Covid-hit bus sector in critical condition as challenging fourth quarter looms

UK’s overall CV output grows by 3.3% in September, as van production gets fleet order boost. Bus and coach manufacturing remains in critical condition, with output plunging -43.2%, to just 63 units. Year-to-date CV output down -16.8% after months of restricted production and falling business confidence. Industry calls for tariff-free deal with key trading partner… Continue reading UK CV manufacturing stable in September but Covid-hit bus sector in critical condition as challenging fourth quarter looms

UK car production falls -5.0% in worst September since 1995 as industry issues plea for vital Brexit deal

UK car manufacturing output falls -5.0% in September to 114,732 units – the lowest level for 25 years. Exports decline -9.7% to 87,533 units but account for more than three quarters of production. Output for domestic market rises 14.5%, but equivalent to just 3,440 vehicles. SMMT welcomes return to negotiations but calls for both sides… Continue reading UK car production falls -5.0% in worst September since 1995 as industry issues plea for vital Brexit deal

‘No deal’ tariffs would undermine Britain’s green recovery with £2,800 drain on electric car affordability, warns SMMT

New calculations reveal ‘no deal’ tariff threat to Britain’s green recovery, with £2,800 average price uplift on EU-built EV effectively cancelling out UK’s plug-in car grant. Shock of higher cost risks reducing increased BEV demand next year by at least 20%, hampering UK’s efforts to reach ambitious emissions reduction targets. Tariffs would also add £2,000… Continue reading ‘No deal’ tariffs would undermine Britain’s green recovery with £2,800 drain on electric car affordability, warns SMMT