CEO Update

04 February 2022 #CEO Update

After a difficult year in 2021, there was some good news for the UK automotive industry today with January new car registrations increasing by more than a quarter, with a major uplift in demand for electrified vehicles. With more than

28 January 2022 #CEO Update

Manufacturing recovery was never going to be easy last year so it’s unsurprising that the 2021 production outturn was so dismal. Despite UK car production being up for the first nine months, the global shortage of semiconductors hit home in

21 January 2022 #CEO Update

2022 has the potential to be a busy year for international trade between the UK automotive sector, it’s established partners and a host of markets that present new prospects across the world. Of course, the European Union is still our

14 January 2022 #CEO Update

After the good news last week that 2021 was a record-breaking year for battery electric vehicles, it is therefore unsurprising that the UK finished last year as the second largest market by volume for both plug-in and battery electric vehicle

07 January 2022 #CEO Update

The first week of the new year brought with it a mixed bag of news for the car industry. The bad is that over the course of last year just 1.65 million new cars were registered, representing a meagre 1.0%

23 December 2021 #CEO Update

After a devastating 2020, 2021 has not been much better for the UK automotive industry. Despite the rollout of vaccines from January, the pandemic continued to impact on the nation, with lockdowns and knock-on effects on the retail, manufacturing, supply

17 December 2021 #CEO Update

It was incredibly disappointing for government to slash grants for electric cars and vans this week, the second cut this year. It is a blow to customers looking to make the switch and couldn’t come at a worse time, with

10 December 2021 #CEO Update

After four months of consecutive decline, new car registrations increased by a modest 1.7% in November. Whilst welcome news, the performance belies the underlying weakness of the market, which remains some -31.3% down on the pre-covid five-year average and is

03 December 2021 #CEO Update

With 212,181 new plug-in cars registered between January and September this year, demand for these new technology vehicles has never been higher. One in six new cars sold in 2021 is capable of being plugged in and there are now

26 November 2021 #CEO Update

The strength and character of the UK’s automotive industry continues to be tested by the pandemic with the global shortage of semiconductors that are so crucial to the production of cars, commercial vehicles and engines, wreaking havoc with production and

Update Newsletter