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30 June 2022 #UK Manufacturing

May engine production increases 12.3%, the first growth since June 2021. Output for export grows 26.1% while production for the UK decreases marginally, by -2.1%. Industry calls for measures to help alleviate energy costs, drive investment, and futureproof jobs and

30 June 2022 #UK Manufacturing

British CV production rises 26.5% as industry records best May and year to date performance in a decade. Growth driven by exports, up 91.6%, while production for UK declines -26.3% against significant economic headwinds. May success brings fifth consecutive month

30 June 2022 #SMMT News #UK Manufacturing

UK car production up 13.3% in May, the first growth after 10 consecutive months of decline. Battery electric car production more than doubles, increasing by 108.3%, with 4,525 built. Sector calls for urgent action to mitigate £90 million uplift in

New analysis reveals UK auto manufacturers face £90m uplift in energy bills this year as costs surge 50%.
Sector already spends £50m more per annum for energy than EU counterparts, with the UK having some of the highest electricity costs in Europe.
Industry calls for urgent action as UK’s £21.2bn auto supply chain races to meet accelerated timelines for zero emission powertrain transformation.
New roadmap, ‘From Full Throttle to Full Charge’, sets out measures on energy, skills and funding to drive large-scale investment and support competitiveness.

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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.

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