25 November 2022 #SMMT News #UK Manufacturing

UK CV production rises 10.7% to 8,740 units, marking best October since 2019 and 10th consecutive month of growth this year. Overseas demand grows by 50.2%, while production for domestic market falls -28.4%. Year-to-date output increases 45.5% to 85,547 units,

24 November 2022 #CEO Update

As wintry conditions arrived in the UK, news that car production returned to growth in October after a September downturn warmed up the week. Although the 7.4% uplift in output couldn’t offset the year’s earlier declines, it is a positive

18 November 2022 #CEO Update

Attention was firmly on the Chancellor this week as he delivered the Autumn Statement, and whilst we welcome his plans to deliver economic stability and – hopefully – growth whilst addressing the hole in public finances, there was always going

16 November 2022 #Bus & Coach #Registrations #SMMT News

754 new buses and coaches join UK roads in Q3, down -11.6% year on year and marking 2022’s first quarter of decline. Registrations of minibuses, the largest segment by volume, fall -26.9% but new single and double deckers rise 13.2%

16 November 2022 #HGVs #Registrations #SMMT News

UK heavy goods vehicle (HGV) registrations climb by 30.1% to 10,034 units in Q3. Best third quarter since 2017, driven by demand for artic trucks, up 53.1%, and rigids, up 15.8%. Year-to-date market up 7.8%, but still -18.4% down against

11 November 2022 #CEO Update

The automotive industry faces many challenges, perhaps more than at any time in its history. Some are beyond our control, but must be overcome if we are to deliver both for society and the economy. Yet the most pressing challenge

10 November 2022 #Used Car Sales Data

UK used car transactions fall -12.2% in Q3 2022 with 1,785,447 vehicles changing hands. Second consecutive quarter of decline as new car supply shortages hit volumes. Battery electric vehicle demand continues rise as sales grow 44.1% to 16,775. Download the

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