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Tag : SMMT

Fleet registrations hit by chip shortage in August but EVs surge

1 week ago / 0 comments

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

2 months ago / 0 comments

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

3 months ago / 0 comments

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

3 months ago / 0 comments

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

3 months ago / 0 comments

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

3 months ago / 1 comments

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

7 months ago / 0 comments

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

12 months ago / 0 comments

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).

UK car production shows signs of improvement but uncertainty still reigns

1 year ago / 0 comments

UK car manufacturing fell 20.8% in July to 85,696 units; a significantly smaller fall than the last three months but still showing the impact of the pandemic … Read More »

Used car market shrinks by nearly 50% in Q2 2020

1 year ago / 0 comments

The UK used car market has declined by 48.9% in the second quarter of 2020, according to the latest SMMT statistics.

SMMT warns latest UK car production plunges are taste of things to come

1 year ago / 0 comments

UK car production declined almost 43% in June according to the latest figures issued by the Society of Motor Manufacturers and Traders (SMMT), with a gloomy … Read More »

SMMT figures reveal UK car production fell 95.4% in May

1 year ago / 0 comments

Latest SMMT figures show UK car manufacturing output fell 95.4% in May, with just 5,314 vehicles built.

New car market declines in July but alternative fuels prove popular

2 years ago / 0 comments

The UK new car market declined again in July, with 157,198 vehicles leaving showrooms, according to figures released today by the SMMT.

SMMT warns PM no-deal Brexit “simply not an option”

2 years ago / 0 comments

“No-deal Brexit is simply not an option,” warns the SMMT’s chief executive, Mike Hawes, in an open letter addressed to the new Prime Minister, Boris Johnson.

Diesel loses out again, as UK new car registrations continue to fall

2 years ago / 0 comments

Latest Society of Motor Manufacturers and Traders (SMMT) figures show the state of the UK new car market has further declined by 4.6% in May, with … Read More »

No-deal Brexit would be ‘catastrophic’ for UK auto industry, survey finds

3 years ago / 0 comments

Three-quarters of carmakers in the UK say a ‘no-deal’ Brexit would hit their business, impacting on profitability and future investment.

ULEV grant cuts slammed as fleet registrations fall

3 years ago / 0 comments

Fleet and overall new car registrations fell again in October despite rises in hybrid and plug-in registrations, leading many fleet experts to deride the Government’s “baffling” … Read More »

No-deal Brexit to bring ‘far-reaching impacts’, says European auto industry

3 years ago / 0 comments

Failure to strike a Brexit deal could see new car prices rocket while also massively disrupting the manufacturing process.

Future fleet solutions showcased at inaugural SMMT event

3 years ago / 0 comments

Next-generation fleet technologies that could help operators to optimise operations, reduce their environmental footprint or support drivers’ wellbeing are being presented to the auto industry today … Read More »

September new car market slides as WLTP bites

3 years ago / 0 comments

The UK new car market fell 20.5% in September to 338,834 units as the move to the new WLTP testing regime brought anticipated falls for private, … Read More »

No-deal Brexit could add £1,500 to cost of imported new cars

3 years ago / 0 comments

A ‘No-deal’ Brexit must be ruled out to avoid punitive price rises on new cars in both the UK and Europe.

Fleet market soars ahead of WLTP deadline

3 years ago / 0 comments

Fleet and total new car registrations saw bumper rises in August in advance of the 1 September switch to the new Worldwide harmonized Light Vehicles Test … Read More »

Fleet registrations rise but diesel demand still falling

3 years ago / 0 comments

The July car market saw a welcome rise in registration with both fleet and overall demand increasing, although year-to-date figures remain more downbeat.

UK becomes biggest EU market for Korean car brands

3 years ago / 0 comments

The UK is now the largest new car market in the EU for Korean car brands, with some 190,215 vehicles registered in 2017.

Diesel downturn continues to hit new car market

3 years ago / 0 comments

The Government is being urged to stop tarring all diesels with the same brush as new figures show the impact of market uncertainty on new car … Read More »

UK car manufacturing rises 1.3% in May 

3 years ago / 0 comments

UK car production was up 1.3% in May but still remains down year on year.

UK car investment halves as Brexit uncertainty bites

3 years ago / 0 comments

The UK automotive industry is urging the Government to rethink its position on a Brexit customs union as UK car investment slumps to half what it … Read More »

Petrol volumes may exceed demand in used car market, warns VRA

3 years ago / 0 comments

The sudden shift from diesel to petrol cars in the new car market may see the used car market hit by petrol car oversupply in the … Read More »

Van registrations up 2.4% in May

3 years ago / 0 comments

Light commercial vehicle (LCV) registrations were up for the second month running in May, latest figures from the Society of Motor Manufacturers and Traders (SMMT) show.

AFVs score record share of fleet sector

3 years ago / 0 comments

Alternatively fuelled vehicles gained their highest market share yet in the fleet market as businesses increasingly turned away from conventional petrol and diesel models.