Mike Hawes, SMMT Chief Executive, said, The decision to slash the Plug-in Car Grant and Van & Truck Grant is the wrong move at the wrong time. New battery electric technology is more expensive than conventional engines and incentives are…

With just hours from ratification to implementation, government should provide specific additional phase-in periods for administration requirements.

We welcome today’s agreement between Turkey and the UK to extend preferential trading terms beyond 31 December.

The signing of another trade agreement that rolls over our preferential trade terms that would have expired when we leave the EU is welcome news.

UK used car transactions grow 4.4% in Q3 as showrooms re-open, with 2,168,599 vehicles changing hands.

UK used car transactions grow 4.4% in Q3 as showrooms re-open, with 2,168,599 vehicles changing hands.

The UK automotive industry today issued a last-chance plea for a zero-tariff, zero-quota trade deal that delivers for automotive as negotiations enter the endgame this week.

Mike Hawes, SMMT Chief Executive, said: With new lockdown measures now requiring English car showrooms to close for a month and the automotive industry facing an extremely challenging winter, the CJRS is a welcome lifeline. Importantly, we need demand to…

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

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.