SMMT calls for ‘fundamental change’ in business rates
The Society of Motor Manufacturers has applauded the government’s decision to cut business rates in yesterday’s Autumn Budget, but says it can and must go even further to help the […]
SMMT
SMMT commits £100k to apprentice fund
The Society of Motor Manufacturers and Traders (SMMT) has earmarked £100,000 to support businesses employing apprentices. The SMMT’s Charitable Trust Fund has re-launched the SMMT Apprentice Support Programme, which comes […]
Vehicles identified as UK’s number one export
The Society of Motor Manufacturers and Traders (SMMT) has published a new report that confirms vehicles are the UK’s single-most valuable trade export. Vehicle export revenues reached £27bn in 2020, […]
LCV market endures worst September since recession
The light commercial vehicle market collapsed by 39.5% in September, with just 31,535 vans registered. According to the latest figures released by the Society of Motor Manufacturers and Traders (SMMT), the sector was […]
Supply issues stall car sales
The UK new car market has recorded its weakest September since 1998 – despite a record performance for battery electric vehicles. The Society of Motor Manufacturers and Traders (SMMT) has […]
Engine production down a quarter
Engine production fell 23.6% in August, with 81,266 engines produced in the UK. According to figures published by the Society of Motor Manufacturers and Traders, demand from both domestic and […]
Fleets leading sustainability shift
The 22nd Sustainability Report has found that fleet average carbon emissions reduced by a record-breaking 11.8% in a single year. The report found that the past two decades have seen […]
Engine production misfires in July
Automotive engine production in the UK fell more than a quarter in July. According to figures from the Society of Motor Manufacturers and Traders, engine production declined 27.5% in the […]
CV production enjoys July uptick
UK commercial vehicle (CV) production grew to 5,625 units in July according to the Society of Motor Manufacturers and Traders (SMMT). Production increased for the fifth consecutive month, growing by 7.5% […]
Car manufacturing suffers July slump
UK car manufacturing fell for the first time since February, with output dropping 37.6% in July. According to the Society of Motor Manufacturers and Traders, just 53,438 units were made, […]
Sales still subdued despite double-digit growth
The UK new bus and coach market grew by 231.1% in the second quarter after a near standstill in 2020. The Society of Motor Manufacturers and Traders (SMMT) found that […]
Used car market achieves record results
The used car market enjoyed its best ever quarter between April and June this year, growing 108% with 2,167,504 vehicles changing hands. According to the Society of Motor Manufacturers and […]
