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
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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
SMMT reaction to PM statement on Brexit negotiations
16 October 2020 #Europe #SMMT News Mike Hawes, SMMT Chief Executive, said, Make no mistake, the automotive industry will not prosper from ‘no deal’. It would have a devastating impact on the sector, on the economy and on jobs in every region of Britain. Businesses have been battling coronavirus at the same time as investing… Continue reading SMMT reaction to PM statement on Brexit negotiations
UK new van market accelerates 26.4% in September, but uncertainty ahead
UK new van market grows by 26.4%, following a weaker than usual month last year due to emissions regulation changes. Registrations of most segments show double-digit growth against last year’s low volumes. Market still below ‘normal’ levels, down -6.6% on previous five-year September average. Performance year-to-date remains down -27.4%, a shortfall of almost 80,000 units.… Continue reading UK new van market accelerates 26.4% in September, but uncertainty ahead
New car registrations drop -4.4% in weakest ever ‘new plate’ September
Just 328,041 cars registered – the lowest September volume recorded since 1999. Decline represents -15.8% drop on 10-year September average.1 New 70-plate, model upgrades and attractive offers help but industry still counting cost of lockdown with more than 615,000-unit year to date shortfall. SEE CAR REGISTRATIONS BY BRAND DOWNLOAD THE PRESS RELEASE AND DATA The… Continue reading New car registrations drop -4.4% in weakest ever ‘new plate’ September