In an open letter sent today to Secretary of State for International Trade Anne-Marie Trevelyan, the Society of Motor Manufacturers and Traders (SMMT) is one of 11 major cross-sector business groups calling for negotiators to prioritise substance over speed in…
UK used car market falls -18.8% in Q2 2022 with 1,759,684 cars changing hands. First half transactions down -8.3% on last year and market now -12.8% year to date behind pre-pandemic 2019. Battery electric vehicles (BEVs) see boost of 57.1%…
Britain’s light commercial vehicle market falls -20.7% in July, the seventh consecutive month of year-on-year decline, with 18,722 new units registered.
Battery electric van (BEV) registrations rise 21.2% in the month and 55.7% in year to date amid industry investment towards Net Zero, but sector’s transition still two years behind cars.
Industry outlook revised downwards, now expecting year to finish -13.7% behind robust 2021.
UK new car registrations fall -9.0% to 112,162 units as supply chain shortage continues to frustrate order fulfilment. Battery electric vehicles (BEV) buck trend, growing market share to 10.9%, but pace of growth slows. Industry outlook revised downwards, now anticipating…
The Society of Motor Manufacturers and Traders (SMMT) exists to support and promote the interests of the UK automotive industry at home and abroad. Working closely with member companies, SMMT acts as the voice of the motor industry, promoting its position to government, stakeholders and the media.
