CEO Update

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

16 August 2024 #CEO Update

As future leaders in England and Wales received their A-Level results yesterday, now embarking on the next exciting chapter of their lives, it’s a reminder that our industry is built on generations of ambitious and talented young people joining our

09 August 2024 #CEO Update

Just as Britain’s athletes break records on the track, so motorists are setting them on the road with the latest SMMT figures this week showing a 24-month run of growth in demand for new cars. It means more of the

02 August 2024 #CEO Update

Arriving a month into the new government’s growth agenda, this week’s announcement that a new trade strategy will be a cornerstone of wider industrial plans represents a major opportunity for automotive. Given that the sector is, traditionally, the UK’s largest exporter of

26 July 2024 #CEO Update

As automotive manufacturers across the UK set about retooling their factories to build a new generation of electrified models, it’s encouraging to see the tough job of turning last year’s massive investment announcements into reality is underway. With some production

19 July 2024 #CEO Update

With the King’s Speech having outlined a new parliamentary agenda until 2029, we now look forward to working with government to deliver its ambitions for green economic and industrial growth. As global competition for automotive investment intensifies and decarbonisation becomes

12 July 2024 #CEO Update

The massive investments announced in the past year to drive the UK auto sector’s zero emission transformation have given us fresh momentum – and they are just the latest chapter in a success story spanning more than a quarter century.

05 July 2024 #CEO Update

When the automotive sector succeeds, so does Britain. So as SMMT congratulates the Labour Party on its election victory, we look forward to working with the new government to implement its proposals which come at a pivotal moment for our

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