Demand grows for AFVs
New figures by the Society of Motor Manufacturers has revealed the continued demand for used battery electric vehicles and plug-in hybrids. It found that in the third quarter of the […]
SMMT
Car registrations collapse by a quarter
New car registrations have fallen for the fourth consecutive month, with a decline of 24.6% to 106,265 units compared to October last year. According to new figures released from the […]
LCV sales suffer marginal October dip
The light commercial vehicle (LCV) market declined marginally by 4.6%, in October. According to the Society of Motor Manufacturers and Traders, 27,420 vans were registered in the month. Despite this […]
Aftermarket facing £600m deficit
New research suggests the slump in car sales could cost the aftermarket up to £600m in service and repair incomes. The SMMT has reported that new car sales are down […]
Engine production down a third
Engine production fell 36.3% in September, according to the latest figures released by the Society of Motor Manufacturers and Traders. Its figures found that UK factories produced 138,059 engines last […]
CV production recovers after August dip
UK commercial vehicle production recorded a modest 1.8% growth in September, up to 7,799 units. According to the Society of Motor Manufacturers and Traders (SMMT) this growth comes after a […]
EV charge can’t offset production slump
UK car production fell for the third consecutive month in September, dropping 41.5% with 67,169 cars manufactured. This makes it the worst performing September since 1982, according to the latest […]
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 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 […]
