CEO Update

29 September 2023 #CEO Update

With less than 100 days to go, manufacturers finally have clarity on what they are required to sell next year and up to 2030, with government yesterday setting out the percentages of new zero emission vehicles that manufacturers will be

22 September 2023 #CEO Update

Quite the week for automotive and the future of our industry. We kicked it off with a sold-out SMMT Electrified conference, which discussed the challenges and opportunities the shift to electrification offers our sector. Our call was for greater support

15 September 2023 #CEO Update

Another week, another landmark announcement for the sector with the news that BMW Group will invest £600 million in its British plants, securing the long-term future of the home of one of the world’s most iconic brands – MINI. It’s

08 September 2023 #CEO Update

As temperatures soared across the UK this week, the automotive industry enjoyed its own heatwave. The end of the summer recess saw a flurry of good news: the UK re-joining the EU’s scientific research scheme, Horizon; government funding allocations for

01 September 2023 #CEO Update

As summer draws to a close, news this week that UK car manufacturing notched up a sixth month of growth in July, and CV output a fourth, should help prolong the warmth. For CV production in particular, the year is

25 August 2023 #CEO Update

The first of September is nearly upon us and with it comes the new 73 number plate. Whilst the date also marks the notional end of what has been a damp summer, the brighter story is the recovery of the

18 August 2023 #CEO Update

The HGV and bus and coach markets were sources of optimism this week, with both demonstrating dynamic growth and, for trucks, a welcome return to pre-pandemic levels of demand in the year’s first half. New truck registrations were just shy

11 August 2023 #CEO Update

This week’s good news was brought to us by the used car sector, recovering well and delivering growth every month this year. The latest quarterly figures reveal that transactions topped 1.8 million during the year’s second quarter, growth driven by

04 August 2023 #CEO Update

Despite the British summer weather looking rather bleak, July’s new car and van registrations were anything but. The month wrapped up an entire year of non-stop growth in the new car market, while van deliveries reached their highest July level since 2020. Electrified performance also

28 July 2023 #CEO Update

The latest car and van production figures out this week show an auto industry finally getting back on track after the tough Covid years, helping meet pent-up consumer demand as manufacturers were increasingly able to manage global supply chain challenges

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