SMMT News

“We welcome today’s agreement of a new EU-UK trading agreement, which provides a platform for our future relationship. We await the details to ensure this deal works for all automotive goods and technologies, including specifics on rules of origin and future regulatory co-operation. A phase-in period is critical to help businesses on both sides adapt and efforts should now be sustained to ensure seamless implementation, with tariff-free trade fully accessible and effective for all from day one. We will continue to work closely with government to ensure all companies are as prepared as possible in the limited time left.”

189,883 UK engines built in November as output declines by -8.2%.

SMMT released figures for November pre-registrations in the UK new car market. The data shows the number of cars disposed of by vehicle manufacturers in November 2020 that were defined as pre-registrations. Download the November 2020 release

Overall decrease driven by -8.8% exports decline, while production for UK rises 10.1% as sector works to meet ecommerce-driven demand.

UK car manufacturing falls -1.4% in November with 106,243 vehicles leaving production lines.
Output for domestic market declines -10.4% with exports flat, up just 0.3% to 90,597 units.
Year-to-date production now down -31.0% with 380,809 fewer cars manufactured in 2020.
Industry calls on Brexit negotiators to ‘seal the deal’ before Christmas to avoid irrevocable damage of tariffs to critical automotive sector and jobs.

Mike Hawes, SMMT Chief Executive, said: UK Automotive is already counting the cost of prolonged lockdowns across the country and although click and collect services provide a lifeline while dealerships are closed, this cannot replace the showroom experience. This third…

The signing of another trade agreement that rolls over our preferential trade terms that would have expired when we leave the EU is welcome news.

We welcome the commitment from both sides to continue talking and find a way through the political impasse

Mike Hawes, SMMT Chief Executive: “Even at this eleventh hour, we remain hopeful that a trade deal will be struck between the UK and EU. Leaving the single market and customs union means we will incur significant additional costs, but…