CEO Update

07 February 2025 #CEO Update

Driving up market confidence and economic growth is crucial in 2025 and the latest SMMT figures reflected that this week, with new car and light commercial vehicle registrations declining in January. It was the fourth consecutive monthly decline in the

31 January 2025 #CEO Update

Growing pains are inevitable as automotive manufacturers ramp up the transition to zero emission vehicles and, with significant retooling underway in UK factories, the publication of SMMT’s annual production figures this week revealed no real surprises. Car production is at

24 January 2025 #CEO Update

It’s often said people are creatures of habit and that certainly bears out in the UK’s new car market with grey proving the most popular car colour for the seventh year. More than a quarter of all new cars registered

17 January 2025 #CEO Update

The UK’s automotive industry is inherently global, touching every continent as an export sector. It remains Britain’s largest exporter of goods by value, with many of the products developed here the result of massive investment from overseas businesses. Yet more

10 January 2025 #CEO Update

2024 delivered record levels of EV registrations with almost 382,000 joining UK roads, new data from SMMT this week shows, a fantastic achievement which reflects industry’s unswerving commitment to zero emission mobility. Indeed, with the overall new car market up

03 January 2025 #CEO Update

With global competition only going to heat up in 2025 as countries vie for major new automotive investment, the UK must get on the right track and quickly. Ensuring we have a vibrant domestic market is crucial, which is why

20 December 2024 #CEO Update

As industry awaits the government’s consultation on the end of sale date for cars fuelled solely by petrol or diesel, as well as potential changes to the zero emission vehicle mandate, there is pause for thought and reflection on 2024

13 December 2024 #CEO Update

The UK’s mission to deliver a zero emission passenger car market continues to get significant attention and rightly so, given the millions of people who rely on these vehicles every day. But just as important to decarbonisation are commercial vehicles.

06 December 2024 #CEO Update

As the countdown to year end gets underway, the latest market figures from SMMT paint a mixed picture. While electric car registrations grew for an eleventh straight month making up a mandate-beating quarter of the market, the overall market contracted

29 November 2024 #CEO Update

This week’s announcement of plans to close one of Britain’s oldest automotive factories came as a huge blow, most importantly to the workers at Luton and their families. It is a stark reminder of the intense pressure the entire industry

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