06 September 2024 #CEO Update

Figures released yesterday by SMMT revealed how the UK new car market held steady in August, down just -1.3% to 84,575 units, with many buyers preferring to wait for September’s new number plate. This hold back invariably means August is the quietest

29 August 2024 #CEO Update

As August and the ‘summer shutdowns’ period draws to a close, next week will be very much ‘back to business’ for the automotive industry, and indeed, the wider economy. That business is, however, very challenging and, as we saw this

23 August 2024 #CEO Update

In little more than a week the UK Parliament returns with a busy legislative agenda. High amongst its priorities will be measures to stimulate economic growth and the automotive sector can be the driver of that change. The Labour Party

28 June 2024 #CEO Update

If the UK is serious about growth, the automotive sector can be the driving force so this week’s 16th SMMT International Automotive Summit sent that message loud and clear. SMMT’s Vision 2035 plan, launched at the event, sets out the

07 June 2024 #CEO Update

The first TV leaders’ debate dominated front pages this week and, with the general election now less than a month away, focus is inevitably on the policies all political parties are putting forward. What is not up for debate is

19 April 2024 #CEO Update

With UK van and truck operators facing some of the world’s most ambitious end of sale targets for non-zero emission models, planning for decarbonisation must begin now to keep Britain on the move. While the new passenger car market’s transition

05 April 2024 #CEO Update

Britain’s new car market grew for the 20th consecutive month in March, according to new SMMT figures published yesterday as the new numberplate helped attract buyers into showrooms. The importance of the month as a bellwether for the year to

01 December 2023 #CEO Update

UK Automotive has entered a period of rapid and significant transformation, led by a mammoth £20 billion in private sector investment this year, an amount in excess of the combined total of the previous seven years. These figures, revealed at

10 November 2023 #CEO Update

A slew of data out this week gives renewed optimism that vehicle markets are getting back on track. For the first time, new car registrations were above pre-pandemic levels with October 7.2% up. Light commercial vehicle registrations also pushed above

13 October 2023 #CEO Update

  Automotive is one of the UK’s most important sectors, ideally placed to drive net zero and boost the economy, but if we are to deliver on our potential then we must have free and fair global trade. This will

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