CEO Update

The UK automotive industry’s production carbon footprint fell by -11.2% in 2021 to reach its lowest level since records began, according to the latest research from SMMT’s 23rd Sustainability Report, released this week at a reception in Westminster attended by…

A tumultuous week in Government against a backdrop of continuing uncertainty and instability for the industry, is highlighted by the latest registration figures announced this week. The semiconductor shortage stifled the new car and van markets in June, even more…

From Covid impacts to component shortages, supply chain disruption to trade uncertainty, and regulatory change to rising inflation, the challenges the sector faces are immense. The pressures are compounded by the UK’s high energy costs and new analysis from SMMT…

SMMT’s International Automotive Summit has embedded itself as a key date in the UK automotive calendar. Taking place on Tuesday 28 June at the IET in London, the Summit brings together attendees from across the entire industry, including vehicle manufacturers,…

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…

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…

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…

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…

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…

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…