SMMT News

SMMT secures Silver Award under the Defence Employer Recognition Scheme for commitment to the armed forces community. Scheme recognises organisations who offer exceptional support and provide job opportunities to ex-armed forces personnel. Follows SMMT’s Bronze Award recognition in 2021 and…

The UK’s light commercial vehicle (LCV) market rises 10.8% in September, marking the first month of growth in 2022. Delivery of medium and large vans drives uplift, while battery electric vehicle (BEV) uptake continues to rise, up 70.0%, representing 4.4%…

225,269 units registered in key ‘new plate’ month – up 4.6% on last September, but -34.4% behind 2019. Bumper month for plug-in registrations sees Britain’s millionth plug-in electric car registered, with 249,575 joining roads in 2022 alone. Industry calls for…

UK commercial vehicle (CV) production rises 92.9% to 6,132 units, marking the best August since 2012 and the eighth consecutive month of growth.
Overseas demand increases 78.4%, while production for UK operators more than doubles year-on-year, rising 119.3%.
Year-to-date CV output is up 50.3% at 64,828 units in the best year-to-date since 2012.

UK car production rises 34.0% in August to 49,901 units after dismal 2021, but volumes still -45.9% down on pre-pandemic levels.
Fourth consecutive month of growth fails to offset sustained losses from global supply shortages, with YTD output more than half a million units behind average pre-Covid volumes.
Sector welcomes business energy price cap, with bills already up by £100 million this year, but warns of spring cliff-edge as seven in 10 firms express concern about future business operations.

SMMT released figures for August pre-registrations in the UK new car market. The data shows the number of cars disposed of by vehicle manufacturers in August 2022 that were defined as pre-registrations. Download the August 2022 release

The pace of change in the motor industry puts demand on businesses. Today, businesses need to be better informed, more efficient and more competitive. On your own this can be a tough call, but as a member of SMMT you have a resource to help you realise your full potential.

Mike Hawes, SMMT Chief Executive, said: “The Chancellor’s Growth Plan opens the door towards an automotive recovery with encouragement for investment and tax cuts designed to rebuild consumer confidence”

Mike Hawes, SMMT Chief Executive, said: The new Business Secretary has given thousands of automotive companies vital breathing space, helping keep their operations viable this winter. This is a short-term fix, however, and to avoid a cliff-edge in six months’…

SMMT to bring its largest overseas delegation to Automechanika Frankfurt since pandemic began. UK pavilion at leading global aftermarket trade fair to feature 22 firms from across the industry. Companies part of British aftermarket sector that turns over more than…