SMMT News

New HGV market rises by 17.2% in Q2 2023 as fleet renewal returns to pre-pandemic levels. Double-digit growth for rigid and articulated trucks, with volumes up 12.5% and 23.3% respectively. Sector seeks sustainable strategy to spur depot investment and green…

UK used car market grows 4.1% in Q2 2023, with more than 1.8 million units changing hands. Sales of used battery electric vehicles (BEVs) soar by 81.8%, accounting for record 1.7% market share. First half transactions also up 4.1% on…

Britain’s light commercial vehicle market grows 44.2% in July, the seventh consecutive month of growth, with 26,990 units registered. Electric van demand almost doubles – up 94.6% in the month. New outlook expects LCV market to grow by 16.1% to…

New car market up 28.3% in July to record full year of non-stop growth. One battery electric car registered every 60 seconds as deliveries surge 87.9%. New market outlook expects one new BEV registered every 50 seconds by year end,…

Best first half to a year since 2011 as CV output increases 16.0% to 58,675 units. Best June since 2008 up, 23.0%, and rounds off third consecutive month of growth. Latest independent outlook expects light CV production to grow 44.0%…

British car production rebounds 11.7% in first six months with 450,168 units made as June completes fifth consecutive month of growth. Electrified vehicle production YTD surges 71.6% to new first half record, with 170,231 units rolling off factory lines. Latest…

The pace of change in the motor industry puts demand on businesses. Today, businesses need to be better informed, increasingly efficient and more competitive. Find out below who has joined the premier automotive trade association in July.

SMMT released figures for June pre-registrations in the UK new car market. The data shows the number of cars disposed of by vehicle manufacturers in June 2023 that were defined as pre-registrations. Download the June 2023 release

Mike Hawes, SMMT Chief Executive, said, This is a shot in the arm for the UK automotive industry, our economy and British manufacturing jobs, demonstrating the country is open for business and electric vehicle production. It comes at a critical…

“The automotive industry is built on global trade so deepening the UK’s ties with the growing economies of the Pacific region makes eminent sense. Once ratified and implemented, the deal has the potential to deliver opportunities for the automotive industry”