CEO Update

05 April 2023 #CEO Update

We ended the first quarter of 2023 on a positive note, aptly demonstrated by the latest new car registration figures out this week which signpost an industry on its way to recovery. The market posted its eighth month of successive

31 March 2023 #CEO Update

Government’s consultation on a zero-emission vehicle mandate, a watershed regulation for the UK new car and van market, is finally here. Yesterday’s long-awaited announcement is welcome, and we want regulation that gives consumers choice and affordability while also enabling manufacturers

24 March 2023 #CEO Update

Safety is our industry’s number one priority and the MOT plays a crucial role in keeping the UK’s vehicles and roads safe. While billions of pounds of investment by vehicle manufacturers has made vehicles even safer and more reliable, the

17 March 2023 #CEO Update

Rail strikes regrettably delayed our flagship SMMT Electrified event which was set to take place this Thursday (now postponed to 18 September), but we didn’t let that stop us in our tracks. On Monday, we held a special Electrified Parliamentary

10 March 2023 #CEO Update

We started the week on a high, with news that the new car market posted its seventh consecutive monthly uplift in February. Deliveries grew by more than a quarter in this typically low volume pre-plate change month, as easing supply

03 March 2023 #CEO Update

Much has been written in the media this week about the UK automotive sector, in particular its competitiveness as the global industry transitions to electrified vehicles. There’s no doubt we are at a critical moment, with competition to win investment

24 February 2023 #CEO Update

Today marks one year since the Russian state’s devastating invasion of Ukraine, an event which shocked the world. The UK automotive industry continues to stand in solidarity with the Ukrainian people and condemns Russia’s actions. Manufacturers quickly ceased shipments to

17 February 2023 #CEO Update

In the first full year of open trading following the pandemic, recovery continued in the heavy goods vehicle (HGV) sector as registrations grew by 9.6% to just over 40,000 units in 2022. Despite the market remaining behind pre-pandemic levels, the

10 February 2023 #CEO Update

The industry dealt with an array of challenges in 2022, so it’s only right that we begin this year with positive news. In January the new car market recorded six months of growth and the best start to a year

03 February 2023 #CEO Update

Last week SMMT data revealed that UK production of electrified vehicles reached record levels last year, with almost a third of all cars made either fully electric or hybrid and worth £10 billion in exports alone – success built on decades

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