24 March 2023 #CEO Update

Safety is our industry’s number one priority and the MOT plays a crucial role in keeping the UK’s vehicles and roads safe. While billions of pounds of investment by vehicle manufacturers has made vehicles even safer and more reliable, the

17 March 2023 #CEO Update

Rail strikes regrettably delayed our flagship SMMT Electrified event which was set to take place this Thursday (now postponed to 18 September), but we didn’t let that stop us in our tracks. On Monday, we held a special Electrified Parliamentary

10 March 2023 #CEO Update

We started the week on a high, with news that the new car market posted its seventh consecutive monthly uplift in February. Deliveries grew by more than a quarter in this typically low volume pre-plate change month, as easing supply

03 March 2023 #CEO Update

Much has been written in the media this week about the UK automotive sector, in particular its competitiveness as the global industry transitions to electrified vehicles. There’s no doubt we are at a critical moment, with competition to win investment

24 February 2023 #CEO Update

Today marks one year since the Russian state’s devastating invasion of Ukraine, an event which shocked the world. The UK automotive industry continues to stand in solidarity with the Ukrainian people and condemns Russia’s actions. Manufacturers quickly ceased shipments to

UK car manufacturing
24 February 2023 #SMMT News #UK Manufacturing

British car production stable in January, down -0.3% with just 215 fewer units made. Output for export declines -1.5% while volumes for UK market rise 5.6%. Electrified vehicle production charges ahead, up almost 50% to a total of 28,329 units.

17 February 2023 #CEO Update

In the first full year of open trading following the pandemic, recovery continued in the heavy goods vehicle (HGV) sector as registrations grew by 9.6% to just over 40,000 units in 2022. Despite the market remaining behind pre-pandemic levels, the

16 February 2023 #Bus & Coach #Registrations #SMMT News

Demand for new buses and coaches declines by -1.6% in 2022, with 3,411 units joining UK roads. Single-deck bus registrations grow 40.6%, but minibuses – the largest volume segment – fall by -13.2%. Despite growth from Q1 to Q3, a

10 February 2023 #CEO Update

The industry dealt with an array of challenges in 2022, so it’s only right that we begin this year with positive news. In January the new car market recorded six months of growth and the best start to a year

03 February 2023 #CEO Update

Last week SMMT data revealed that UK production of electrified vehicles reached record levels last year, with almost a third of all cars made either fully electric or hybrid and worth £10 billion in exports alone – success built on decades

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