VM electric vehicle discounts to reach £2bn this year
Vehicle manufacturers are on course to spend about £2bn on electric vehicle discounts this year, according to the Society of Motor Manufacturers and Traders. This comes as they struggle to […]
SMMT
Car production falls as factories continue model transition
UK car production falls by 8.4% in August, according to new figures published yesterday by the Society of Motor Manufacturers and Traders (SMMT). With August conventionally a low output month […]
CV production at 14-year high despite August decline
British commercial vehicle (CV) manufacturing fell by 10.0% in August, following July’s rise, as 6,044 units rolled out of UK factories, according to new figures published today by the Society […]
LCV sales return to growth in August – SMMT
The UK’s new light commercial vehicle (LCV) market returned to growth in August, rising 1.7% to record the best performance for the month since 2021. This follows two months of […]
Electric car sales up 10% but below ZEV targets
The UK new car market was down 1.3% in August despite a 10.8% rise in electric car sales, according to the latest figures from the Society of Motor Manufacturers and […]
SMMT reports surge in commercial vehicle production
The Society of Motor Manufacturers and Traders (SMMT) has revealed that commercial vehicle production output soared 71.7% in July. After four months of decline, production climbed to 15,252 units, making […]
SMMT reveals significant drop in UK car production
The Society of Motor Manufacturers and Traders (SMMT) has reported that UK car production fell by 14.4% in July. Figures revealed that 65,478 vehicles were produced in the month, with […]
SMMT pledges support for government automotive plan
The Society of Motor Manufacturers and Traders (SMMT) has said it is ready to support the government deliver on its pledges to stimulate the UK automotive industry. Labour has committed […]
New HGV sales bounce back after slow start to 2024
New HGV sales in the UK rose 2.6% between April and June, according to figures published by the Society of Motor Manufacturers and Traders (SMMT). This comes after a decline in […]
Used car sales grow for sixth straight quarter
Used car sales in the UK grew for the sixth consecutive quarter, rising 7.2% in the second quarter of 2024 thanks partly to surging demand for electric vehicles. According to […]
SMMT reports LCV sales strong despite July dip
The Society of Motor Manufacturers and Traders (SMMT) has reported an 8.5% fall in light commercial vehicle sales in July. Its figures revealed that sales fell to 24,689 vans last […]
NFDA urges government to introduce EV incentives
The National Franchised Dealers Association (NFDA) has urged the government to take steps to stimulate electric vehicle demand among private buyers. New figures from the Society of Motor Manufacturers and […]
