CEO Update

17 June 2022 #CEO Update

This week, Autocar’s Great Women in the British Car Industry 2022 awards took place with a record number of entries – congratulations to all the winners. SMMT is delighted to continue its support for this initiative which plays a vital

10 June 2022 #CEO Update

Last month was another challenging one for UK Automotive, with the new car market declining by a fifth (-20.6%), the second worst May in three decades. Similarly, registrations of LCVs also declined for the fifth consecutive month, down a quarter (-25.1%). The poor

01 June 2022 #CEO Update

Last year saw the first consecutive annual fall in the number of cars on UK roads in more than a century, according to SMMT Motorparc data published earlier this week. While the total number of vehicles increased by 0.4% to

26 May 2022 #CEO Update

Another busy week for SMMT kicked off in Birmingham at the annual Commercial Vehicle Show, which opened its doors on Tuesday to thousands of visitors eager to see all the latest vehicles, trailers, equipment and technology, including the latest low

20 May 2022 #CEO Update

Next week will see the Commercial Vehicle Show – the largest and most comprehensive road freight transport, distribution and logistics event in Britain – return to the NEC Birmingham from Tuesday 24 to Thursday 26 May, and I hope to

13 May 2022 #CEO Update

As the new car market continues to be impacted by the global shortage of semiconductors, there was some good news this week as the used car market returned to growth after two consecutive quarters of decline. While this is somewhat

06 May 2022 #CEO Update

Following March’s disappointing ‘new numberplate’ registration figures, April felt all too familiar with the same pandemic-related headwinds continuing to restrict a recovery in the new passenger car and light commercial vehicle markets. Some 119,167 new cars and 21,597 vans joined

28 April 2022 #CEO Update

The incredible diversity and ingenuity of the automotive sector was out in full force on Tuesday at SMMT’s 42nd annual Test Day. This is an event that, by definition, cannot work virtually and, with the sun shining on 270 journalists

21 April 2022 #CEO Update

After two years of travel restrictions, SMMT was finally able to resume cross Atlantic discussions this week with a visit to Washington D.C. to strengthen collaboration with our sister associations and  members with business in  the U.S as well as

08 April 2022 #CEO Update

While the automotive industry has proved resilient over the past two years, the long-term effects of the pandemic continue to stifle any recovery for the sector. Despite demand for new vehicles remaining high, the global shortage of semiconductors contributed to

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