UK used car market grows 5.1% in Q1 2022 with 1,774,351 cars changing hands. Sales up in January (17.7%) and February (7.4%), but down in March (-6.8%). Market for used BEVs more than doubles, up 120.2% marking a record Q1…
New light commercial vehicle registrations fall to 21,597 units in April, a decline of -29.1% compared with best-on-record month last year. Registrations of large vans down -19.1%, while deliveries of medium-sized vans, the second largest segment by volume, drop by…
UK new car market declines -15.8% to 119,167 units in April, but battery electric car registrations buck trend, up 40.9%. SMMT revises 2022 outlook down from 1.89m units to 1.72m as parts shortages continue to impact supply. Plug-in cars anticipated…
March engine output declines -22.7%, to 152,250 units. Production for UK and overseas markets falls -27.2% and -19.0% respectively in the month. 411,273 engines built in first quarter, down -23.2% on Q1 2021. Mike Hawes, SMMT Chief Executive, said, While…
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.
