CEO Update

26 August 2022 #CEO Update

This week’s figures from SMMT show UK car manufacturing increased for the third month in a row in July, up 8.6% – although that is compared with last year’s pandemic-hit production that saw the worst July since 1956. The ongoing

19 August 2022 #CEO Update

SMMT’s latest figures show Britain’s new bus and coach market grew slightly by 0.6% in the second quarter of 2022 – rounding off 17.9% growth during the first half of the year, at more than 2,000 units. This is positive

12 August 2022 #CEO Update

As day follows night, falling used car sales were inevitable after a prolonged squeeze on new vehicle supply. SMMT’s new figures this week show Britain’s used car market shrank by -18.8% during the second quarter. More than 1.75 million transactions

05 August 2022 #CEO Update

While weather-wise it has been a scorching month for Britain, the new car market has been feeling the drought in registrations for far longer. The latest figures published this week show that new car registrations fell by -9.0% in July

29 July 2022 #CEO Update

The automotive sector is yet to break free from the supply disruptions and semiconductor shortages caused by the pandemic back in 2020 but there are signs that the situation may be beginning to ease. Results out this week show that

22 July 2022 #CEO Update

For a technology revolution to befall an industry is not unusual. To experience two simultaneously is highly unusual. Yet that is the situation facing the automotive industry and this week has seen some developments on both. The most obvious and

15 July 2022 #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

08 July 2022 #CEO Update

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

01 July 2022 #CEO Update

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

24 June 2022 #CEO Update

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,

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