Tag : SMMT
Car output down as sector calls for measures to boost manufacturing
UK car and commercial vehicle production declined -11.6% in February, to 82,178 units, according to the latest figures released today by the Society of Motor Manufacturers … Read More »
Car output down 8% as OEMs transition to EVs
UK car production fell 8.4% in August in an ongoing trend that’s primarily due to model switchovers and the move to EVs.
Car production down in first half as manufacturers invest in electric future
UK car production fell -7.6% in the first six months of the year, according to new figures published today by the Society of Motor Manufacturers and … Read More »
Strong fleet and EV demand helps new car market hold steady
New car registrations in the UK rose 1.7% in May, as soaring fleet and business demand continued to offset a fallback in the private consumer market.
Used car sales hit five-year high as EVs reach record share
The UK’s used car market grew 6.5% to almost two million units in the first quarter of 2024 – the strongest start to a year since … Read More »
Company car emissions down 11.5% as EV take-up soars
Average emissions from company cars on UK roads plummeted by 11.5% in 2023 thanks to rapid take-up of electric vehicles.
UK car production up 15% in sixth consecutive month of growth
UK car production continued its streak in February, rising 14.6% to 59,249 units, on the back of strong demand from fleets.
UK car production up 21% in fifth straight month of growth
UK car production grew 21.0% in January, marking the fifth straight month of growth.
Europe and UK close in on deal to delay ‘rules of origin’ tariffs on EVs
The European Union has proposed an 11th-hour intervention to delay imminent post-Brexit tariffs that could add thousands of pounds to the cost of new EVs.
Surging fleet sales propel new car market near pre-pandemic levels
New car registrations rose 9.5% year-on-year in November, driven entirely by soaring uptake from larger fleets.
Fleets propel new car market but concerns rise over falling private EV demand
The UK new car market grew 21.0% in September on the back of surging fleet demand, but the industry continues to call for private motorist support … Read More »
SMMT calls for government-backed EV incentives to spur consumer demand
Government-backed EV incentives targeted at consumers must be implemented to help ensure mass market take-up, according to the Society of Motor Manufacturers and Traders (SMMT).
Double digit growth for UK car production since January – SMMT
UK car production rose 11.7% in the first half of the year to 450,168 units with June – up 16.2% – the fifth consecutive month of … Read More »
Robust fleet and EV demand powers new car market rise
Continued strong demand for business cars and fully electric vehicles propelled the new car market to its 11th consecutive month of growth in June.
UK car production records best May growth since 2019
UK car production in May rose 26.9% year on year, marking its highest growth for the month since the pandemic hit.
Robust fleet demand pushes new car market to 10th month of growth
New car registrations rose 16.7% in May to 145,204 units on the back of strong fleet demand, securing the 10th consecutive month of growth.
Almost one in four car models available in fully electric form
The choice and driving range of electric vehicle models has significantly expanded in recent years, delivering “an electric car choice for every need”.
Used car market returns to growth amid greater supply and EV demand
The used car market grew 4.1% for the first quarter of 2023, delivering its best start to a year since 2020.
Fleet new car registrations rocket in April
UK fleet and overall new car registrations surged in April as supply chain shortages continued to recede, prompting an upgraded outlook for 2023 but with a … Read More »
UK car production plummets in September but new record for EVs
2022 UK car manufacturing output declined by 6.0% in September, following four consecutive months of growth, according to the latest figures published today by the Society … Read More »
UK car production rises for third consecutive month with supply chain issues easing
2022 UK car production rose for the third consecutive month in July, up 8.6% to 58,043 units, according to the latest figures published today by the … Read More »
UK used car market falls despite electric boost, according to SMMT
The UK’s used car market falls -18.8% in Q2 2022 with 1,759,684 cars changing hands, while battery electric vehicles (BEVs) see boost of 57.1% to reach … Read More »
Fleet registrations hit by chip shortage in August but EVs surge
New car registrations fell 22.0% in August as the sector still battles chip shortages, but electric vehicle demand continued to rocket.
Fleet sector leads new car market recovery but supply issues hit growth
New car registrations were up 28.0% year-on-year in June but market recovery continues to be hampered by the global semiconductor shortage.
SMMT to speak about pandemic lessons at VRA 2021 AGM
The subject of what the automotive sector has learnt from the pandemic is to come under focus by two major guest speakers in the Vehicle Remarketing … Read More »
Bold action needed on gigafactories and charge points to secure UK car sector future
A binding target on UK battery capacity and the deployment of millions of more charge points are needed to ensure the UK automotive sector remains competitive … Read More »
Impact of semiconductor shortages revealed in new car production data
UK car production rose dramatically in May, but recovery remains hampered due to ongoing Covid-related issues.
Diesel registrations halve in two years, SMMT data shows
Registrations of new diesel cars have halved since 2019, with more drivers now opting for hybrid or electric alternatives, according to the latest data from the … Read More »
Fleet falls 33.5% in worst February for new car market since 1959
Fleet new car registrations dropped 33.5% in February as the UK’s new car market hit its lowest level since 1959.
SMMT scheme to help safeguard UK auto sector jobs
A new scheme intended to secure the auto industry supply chain and save jobs has been launched by the Society of Motor Manufacturers and Traders (SMMT).
