SMMT News

UK light commercial vehicle (LCV) registrations grow by 7.1% in July following four months of double-digit declines.

Pent-up demand sees UK new car registrations rally in July with 11.3% increase to 174,887 vehicles, as dealerships across the nation fully re-open.
Overall registrations currently down -41.9% YTD and expected to be -30.0% down by end of 2020, totalling £20bn in lost sales.
Manufacturer offers help encourage demand but economic uncertainty could put the brakes on recovery.

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

UK engine production falls -38.8% in first half to 814,957 units. Demand from home and international markets down -32.4% and -42.3% respectively. Decline mirrors drop in output at vehicle plants primarily a result of global coronavirus lockdowns. Mike Hawes, SMMT…

British CV manufacturing grows 23.9% in June, as new model uplift reverses heavy losses in 2019. Production for home market rises 25.0%, with exports also up, by 22.7%. Positive month fails to offset Covid-19 impact, as overall half-year manufacturing falls…

UK car manufacturing output declines -48.2% in June with 56,594 units produced, rounding off weakest six months since 1954.
Factories turn out just 381,357 cars in the year-to-date, down -42.8% on 2019 – a decline of more than 285,000 units.
11,349 jobs already cut across manufacturing and retail during the pandemic, with more at stake without dedicated restart support as firms fear double whammy of Brexit tariffs.

Find out below who has joined the premier automotive trade association and what they get from membership: Altec Engineering Limited – www.alteceng.co.uk Edward Davies Commercials Limited – www.ms-rt.co.uk Jaltek Systems Limited – www.jaltek.com AJU Limited T/A alljoinedup – www.alljoinedup.org dRISK.ai…

Following the SMMT-JAMA joint statement on the UK and Japanese governments starting to negotiate a UK-Japan Free Trade Agreement, both organisations have today published a joint position paper on the UK and Japan trade talks currently underway.  SMMT and JAMA…

SMMT publishes statement on the Chancellor’s summer economic plan.

Mike Hawes, SMMT Chief Executive, said:

Today’s announcements to safeguard jobs and encourage consumer spending in some parts of the economy are welcome – but it’s bitterly disappointing the Chancellor has stopped short of supporting the restart of one of the UK’s most important employers and a driver of growth.

UK light commercial vehicle (LCV) registrations decline -24.8% in June. More than 30,000 vehicles registered as lockdown measures begin to ease. 108,876 new vans join UK roads in first six months, down -44.6% on same period last year. SEE LCV…