SMMT News

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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 2023 that were defined as pre-registrations. Download the January 2023 release

January CV production increases 35.6% to 9,299 units, the best start to a year since 2012. Output rises for both domestic and overseas markets, up 36.2% and 35.1% respectively. Exports drive growth, with nearly six in ten CVs built for…

British car production stable in January, down -0.3% with just 215 fewer units made. Output for export declines -1.5% while volumes for UK market rise 5.6%. Electrified vehicle production charges ahead, up almost 50% to a total of 28,329 units.…

UK new heavy goods vehicle (HGV) registrations rise by 9.6% to 40,716 units as pandemic supply disruptions begin to ease. Rising fleet investment driven by demand for articulated trucks, typically used for long-distance deliveries, but overall deliveries remain -16.1% down on…

Demand for new buses and coaches declines by -1.6% in 2022, with 3,411 units joining UK roads. Single-deck bus registrations grow 40.6%, but minibuses – the largest volume segment – fall by -13.2%. Despite growth from Q1 to Q3, a…

Used car transactions fall -8.5% in 2022 with 6,890,777 units changing hands as supply chain restraints curtail market. Record demand for used electrified vehicles, as transactions of BEVs soar by 50.7%, HEVs rise 9.9% and PHEVs grow 2.2% against 2021…

The Society of Motor Manufacturers and Traders (SMMT) is pleased to announce the appointment of Ashley Fernihough as the new Chief Executive Officer of SMMT Industry Forum, the automotive industry’s competitiveness improvement and training business. Fernihough, who has had an…

UK new light commercial vehicle (LCV) registrations rise 25.8% in January, the first month of growth since September 2022. Battery electric van (BEV) deliveries up 53.5%, with the opportunity for a net zero rebuild in 2023. LCV market set to…

New car market records sixth consecutive month of growth with January registrations rising 14.7% as 131,994 new cars reach the road. Plug-in vehicles continue growth but chargepoint rollout fails to keep pace, challenging consumer confidence. Latest outlook anticipates 11.1% market…