CEO Update

The fourth consecutive month of growth for the new car market gave us good reason for optimism this week, as the latest industry figures for November showed a 23.5% growth. As supply chain shortages begin to ease, albeit erratically, growth…

After what seems like a decade of uncertainty, from Brexit to lockdowns, there is finally some hope for growth. SMMT’s latest research reveals that the industry’s expected return to growth next year could be worth an additional £14 billion to…

As wintry conditions arrived in the UK, news that car production returned to growth in October after a September downturn warmed up the week. Although the 7.4% uplift in output couldn’t offset the year’s earlier declines, it is a positive…

Attention was firmly on the Chancellor this week as he delivered the Autumn Statement, and whilst we welcome his plans to deliver economic stability and – hopefully – growth whilst addressing the hole in public finances, there was always going…

The automotive industry faces many challenges, perhaps more than at any time in its history. Some are beyond our control, but must be overcome if we are to deliver both for society and the economy. Yet the most pressing challenge…

In the week we wound back the clocks, drawing an end to British Summer time, October’s new car registrations offer some light, posting the market’s third month of consecutive growth. And it was considerable growth at that, with registrations up…

A new Prime Minister and government enter parliament this week and we look forward to working with both to ensure the UK automotive sector remains globally competitive. We need a clear and compelling strategy for growth and stability that reassures…

After yet another week of seismic political events, and with another new Prime Minister expected in the next, UK Automotive continues to reiterate the same message: we need long-term certainty, economic and political stability and a clear plan that will…

Automotive companies, like the rest of industry, are facing challenging labour market conditions. With the UK at almost full employment, despite record numbers of “economically inactive” people, and restrictions on the ability to bring in talent from abroad, companies must…

September saw a milestone for the transition to zero emission mobility as the UK registered its millionth plug-in electric car, with almost quarter of a million registered so far this year alone. This is undoubtedly good news and a sign…