Tag : Society of Motor Manufactures and Traders (SMMT)
UK new car output up 40% but urgent action needed on EV tariffs
UK carmakers delivered the best September output since 2020 but action is needed now to protect EV exports from 2024.
Electric vehicles face £3,400 price hike without urgent EU–UK deal
UK fleets buying EU-made battery electric vehicles face a £3,400 average price hike from 2024 unless an urgent post-Brexit deal on trade tariffs is signed.
Electric van uptake rises 85.9% in September
Registrations of new light commercial vehicles rocketed again in September, supported by surging e-LCV demand, but the industry continues to hammer home the need for a … Read More »
UK car output falls as carmakers gear up for next-gen electric cars
UK car manufacturing dropped 9.7% in August as carmakers upgraded plants for the next generation of electric vehicles.
Rocketing fleet demand fuels August new car market growth
Surging fleet registrations and EV demand pushed the new car market up 24.4% to 85,657 units in August.
UK car production soars 31.6% in sixth month of growth
UK car production surged in July, rising 31.6% to mark the sixth consecutive month of growth.
UK used car market grows 4.1% in Q2 as EV sales soar
The UK used car market continues to bounce back strongly from a challenging 2022, supported by recovering production levels and surging demand for EVs.
Cross-party support vital for 10-fold rise in EV production, says SMMT
UK annual battery electric vehicle (BEV) production could rise 10-fold by 2030 if all political parties get behind a package of measures to support the automotive … Read More »
UK car production up 9.9% in April as exports surge
Car manufacturing output in the UK rose for the third month running in April, soaring 9.9%.
Fleet sales prove key in March new car registrations rise
UK new car registrations rose 11.5% in March, driven almost entirely by growth in the fleet sector, but still markedly down on usual levels.
UK car sales plummet 40% in lockdown
The UK’s new car sector has recorded its worst start to a year since 1970; a direct result of the lockdown, despite the advent of click … Read More »
Grey remains UK’s favourite new car colour
Grey has retained its top spot as the UK’s most popular new car colour for the third year running.
UK car production down 18.2% in October
October UK car production fell 18.2%, prompting the automotive sector to renew its calls for an urgent Brexit agreement.
‘No-deal’ tariffs to hike up price of EVs, warns industry
Failure to strike an EU trade deal would increase the price of electric vehicles, potentially reducing demand by 20% and undermining the UK’s progress on Net … Read More »
Fleet sales decline in September but EVs on up
September new car registrations have hit their lowest level in over two decades as a result of the pandemic, but electric vehicle sales are at least … Read More »
New car sales down but EV demand rising
New car registrations fell 5.8% in August, including a 5.5% decline in the fleet sector, despite a boost to demand for fully electric and plug-in hybrid … Read More »
New car registrations rally in July but longer-term recovery uncertain
UK new car registrations saw a major rebound in July, aided by pent-up demand and the reopening of dealerships across the nation.
Fleet demand stable in October as private buyer confidence wanes
The UK new car market fell 6.7% in October; hit by declining private buyer confidence although fleet demand remained stable and full electric registrations soared.
UK car production down 17% YtD despite August rise
A rise in UK car production for August has only marginally stemmed the spring Brexit shutdown losses, leaving the market to record a double-digit decline for … Read More »
Fleet market falls but electric car registrations rocket in August
The UK new car market dropped 1.6% in August, with declines seen for both fleet and private registrations in the wake of last year’s pre-WLTP spike, … Read More »
Latest tumble for UK production brings 10.6% decline
UK car production fell 10.6% in July, marking the 14th successive month of decline.
Q2 used car downturn highlighted in SMMT figures
Used car transactions fell by 2.8% in the second quarter of the year, according to new figures from the Society of Motor Manufacturers and Traders (SMMT) … Read More »
Fleet market remains more buoyant than private registrations
The fleet sector continues to outperform private new car registrations despite still showing a downturn.
Plummeting car manufacturing in UK in April
Brexit shutdowns have been blamed for a big monthly drop in UK car production.
UK used car market down slightly in Q1 but AFV demand rises
The UK’s used car market saw a slight downturn in Q1 2019 but demand for alternatively fuelled vehicles showed significant growth.
Brexit extension must be used to take ‘no deal’ off table, says SMMT
The Society of Motor Manufacturers and Traders (SMMT) has responded to today’s announcement of a Brexit extension as it continues its calls for a no deal … Read More »
UK fleet market shows signs of stability
Fleet registrations in the UK showed more positive signs of recovery in February, despite recording their sixth consecutive month of decline.
British car manufacturing plummets 20% as Brexit uncertainty bites
The UK car industry has reiterated the devastating impact of a ‘no-deal’ Brexit scenario as manufacturing continues to suffer serious declines.
WLTP impact on fleet registrations starts to level out
Fleet new car registrations fell for the third month running in November but the slowdown in the decline indicates that the impact of the switch to … Read More »
UK car production falls for fifth month running
UK car manufacturing fell 9.8% in October, marking the fifth consecutive month of decline as Brexit and declining consumer confidence continued to hit hard.
