SMMT News

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

SMMT Charitable Trust Fund (SCTF) announces £100,000 investment to help Covid-hit automotive businesses save apprenticeship jobs as government’s furlough scheme comes to an end. New SMMT Apprentice Support Programme now accepting applications from small and medium automotive firms from across…

Mike Hawes, SMMT Chief Executive, said, The pandemic has caused immense damage to the automotive sector, with thousands of jobs lost and precious resources diverted to dealing with the crisis at hand. The industry now faces the prospect of a…

Find out below who has joined the premier automotive trade association and what they get from membership: CEL TRADE Limited – www.celtrade.com Ginetta Cars Limited – www.ginetta.com VFS (Southampton) Limited – www.vfs.co.uk A&N Media Finance Services Limited – www.mailmetromedia.co.uk Greensquare…

106,398 UK engines produced in August as output falls -35.1%.

Some 641 fewer vehicles produced in the month than the previous year, which marked the strongest August since 2012.

UK car production declines -44.6% in August with 51,039 units rolling off factory lines.
Ongoing coronavirus crisis stalls efforts to ramp up output with weak demand overseas compounded by heavy domestic losses.
Production so far this year down -40.2% with a loss of 348,821 units worth more than £9.5bn to UK car makers.
As pandemic’s second wave engulfs UK, sector welcomes new support for jobs but warns that demand-hit manufacturing sector not yet out of woods.

The Chancellor’s Job Support Scheme is welcome and should provide temporary relief for the automotive sector

EU and UK automotive leaders unite to call for urgent agreement of an ambitious free trade deal before the end of the transition period in just 15 weeks’ time.
New calculations show the catastrophic impact of ‘no deal’ with WTO tariffs putting production of some 3 million EU and UK built cars and vans at risk over next five years.
‘No deal’ would mean combined EU-UK trade losses worth up to €110 billion to 2025, on top of around €100 billion in lost production value so far this year because of coronavirus crisis.

SMMT welcomes today’s agreement in principle of a Japan-UK Free Trade Agreement