SMMT News

Output down -38.3% in the first two months of the year, with 9,924 vans, trucks and buses leaving factories.

Output for overseas markets tumbles -8.1%, with home orders down -34.9%.

Fresh analysis reveals just 4.6% of car registrations by private buyers in 2020 were for battery electric vehicles (BEVs), compared to 8.7% for fleets and businesses.
Industry sounds warning over 2030 ambition as retail incentives slashed, while 700 charge points need to be installed daily to support the market.
SMMT unveils blueprint for electric revolution calling for all stakeholders to do more for consumers, focusing on incentives, infrastructure and industrial transition.

Mike Hawes, SMMT Chief Executive, said, The decision to slash the Plug-in Car Grant and Van & Truck Grant is the wrong move at the wrong time. New battery electric technology is more expensive than conventional engines and incentives are…

Registrations of new light commercial vehicles (LCVs) increase by 22.0% to 17,205 units in February. Growth driven by increased demand for larger vans, up 30.0% on last year. Year-to-date market up 9.5%, with 41,234 vehicles registered in 2021. SEE LCV…

Weakest February since 1959 as 28,282 fewer cars registered during traditionally quiet month.
Battery electric (BEVs) and plug-in hybrid vehicles (PHEVs) continue to spark demand, accounting for more than one in eight registrations.
Market outlook downgraded to 1.83 million registrations in 2021 as showroom closures continue to stall order books.

Mike Hawes, SMMT Chief Executive, said, “Today’s budget provides some encouragement to an automotive sector hit hard by the pandemic and additional trading costs but it falls short of the support needed to transform the industry and market to the…

SMMT released figures for January pre-registrations in the UK new car market. The data shows the number of cars disposed of by vehicle manufacturers in January 2021 that were defined as pre-registrations. Download the January 2021 release

Production for domestic and overseas markets falls -27.2% and -30.8% respectively.