European demand for new commercial vehicles increased by 16.4% in May, with 187,134 CVs registered in the month. The increase occurred across all segments of the commercial vehicle market and Italy, France and Spain all experienced double-digit growth.
The trade body for the UK automotive sector, The Society of Motor Manufacturers and Traders (SMMT), reacts to today’s result in the referendum on the UK’s membership of the EU. Mike Hawes, SMMT Chief Executive, said, “The British public has chosen a new future out of Europe. Government must now maintain economic stability and secure a
The UK motor industry has today restated its view that staying in the European Union is best for its business and best for British jobs, just days ahead of the referendum on the UK’s membership of the EU.
Figures released today show a planned £225 million investment by SMMT supply chain members over the next three years, as efforts continue to boost the British content of vehicles built in the UK.
British cars are among the best maintained in the world, with UK motorists spending a collective £21.1 billion a year on servicing and repair. That’s according to a new report – the first official industry analysis of the UK automotive aftermarket – published today by the Society of Motor Manufacturers and Traders (SMMT). The report,
•New van registrations rise 1.9% in May with 28,480 new LCVs hitting British roads last month
Demand for new cars in the UK remained stable in May with a steady 2.5% growth in registrations
Find out who has joined the premier automotive trade association and what they get from membership. New members – May 2016
UK bus and coach market rises 2.0% in Q1 2016, with 1,959 new vehicles registered.
New HGV market grows 19.2% in Q1 2016 with 10,363 units registered