SMMT
-
Market Insight 26 JunSMMT renews Government support plea after 95.4% May car production slump
The Society of Motor Manufacturers and Traders (SMMT) has called for “dedicated support to drive a successful restart” after revealing that COVID-19 shutdowns caused a 95.4% slump in UK car production in May.
-
Car Manufacturer News 24 JunRecovery may take until 2022, Volkswagen boss warns
If there’s no second wave of COVID-19 there is plenty of hope for a V-shaped economic recovery, the SMMT Summit was told yesterday.
-
Market Insight 23 JunSMMT calls for automotive support and ‘turbocharged’ Brexit talks
The Society of Motor Manufacturers and Traders (SMMT) has called for a Government-backed automotive sector restart package and “turbocharged” Brexit talks to kick-start the COVID-19 recovery.
-
Market Insight 18 JunCOVID-hit European car sales recover slightly with 52.3% May decline
New car sales across Europe were 52.3% down year-on-year in May as the easing of lockdown measures in certain regions delivered a slight improvement over April.
-
Market Insight 9 JunConsumer car finance market slumped 94% in April lockdown, reports FLA
The Financial and Leasing Association (FLA) has revealed that the COVID-19 lockdown caused consumer car finance market to slumped by 94% by volume and value during April.
-
Market Insight 4 JunAlmost 13,000 new cars reached private buyers in May's COVID-19 lockdown
During May's coronavirus lockdown 12,900 new cars were sold to private buyers, according to data from the Society of Motor Manufacturers and Traders.
-
Manufacturer 29 May
COVID-19's toll on 2020 car manufacturing could reach £12.5bn, says SMMT
The UK car manufacturing sector could suffer a £12.5 billion loss due to production lost during the COVID-19 coronavirus pandemic's enforced lockdown period.
-
Car Dealer News 28 MayHSE warns re-opening businesses of post-lockdown Legionella risks
The Health and Safety Executive (HSE) has warned that building closure or reduced occupancy can increase the risk of Legionnaires’ disease.
-
Car Dealer News 26 MayPrime Minister gives green light to June 1 car showroom re-opening
Prime Minister Boris Johnson has ended the two-month COVID-19 coronavirus-enforced closure of car showrooms by giving automotive retailers the green light to open their facilities from June 1.
-
Supplier News 22 MayCalls on Government to open car showrooms and earn taxes
The UK Government has been challenged on car showrooms’ continued closure, with claims their lockdown is costing it £61 million per day in lost tax revenue and business support measures.
-
Car Dealer News 14 MayNFDA and SMMT create COVID-19 car sales best practice guide
The NFDA has teamed-up with the SMMT to produce a car sales best practice guide drawing on the latest advice on COVID-19 coronavirus lockdown retail operations from Government and BEIS.
-
Used Cars 12 MayUsed car market’s solid growth ‘wiped-out’ by COVID-19, SMMT reveals
The UK's used car market contracted by 8.3% in the first quarter of 2020 following a COVID-19 coronavirus lockdown-prompted 30.7% decline in March sales, SMMT data has revealed.
-
Market Insight 5 May
Car retail seeks sales stimulus after 97.3% COVID-19 lockdown slump
The National Franchised Dealers Association (NFDA) has said that it is vital that Government and car manufacturers “evaluate a support package that stimulates the market” following April’s 97.3% sales slump.
-
Manufacturer 30 AprUK carmakers' £8.2bn COVID-19 loss could spiral without retail resurgence
An £8.2 billion hit already sustained by UK car manufacturing as a result of COVID-19 coronavirus factory shut-downs could get “much worse” without a rapid retail resurgence, the SMMT has warned.
-
Market Insight 21 AprNumber of vehicles registered in UK tops 40m
There are now more vehicles on UK roads than ever before, despite a decline in demand for new models.
-
Finance 14 Apr
Consumer car finance declined 1% by volume in February, FLA reports
New business volumes in the consumer car finance market fell 1% by volume but grew 2% in value in February 2020, data published by the Finance & Leasing Association (FLA) has shown.
-
Market Insight 8 AprMarch focus meant £17,500 February loss for car dealers, reports ASE
Car dealers focussing on what should have been a busy numberplate change month of March suffered a £17,500 loss for the month prior to of the outbreak of COVID-19 coronavirus, ASE has reported.
-
Market Insight 6 Apr
New car sales decline 44.4% in March COVID-19 coronavirus lockdown
New car sales declined 44.4% in March as the COVID-19 coronavirus lockdown took its toll in the second half of the key number plate change month for franchised retailers.
-
Opinion 31 MarAuto industry hit from coronavirus could be double SMMT forecast, opinion
Car production forecasts from the Society of Motor Manufacturers and Traders (SMMT) have suggested that UK auto output will fall by 200,000 to just below 1.1 million because of plant shutdowns caused by the COVID-19 coronavirus - representing an 18% fall in output this year.
-
Manufacturer 27 Mar
UK car production could fall by 200,000 units in 2020 due to Coronavirus
UK car manufacturers could produce over 200,000 fewer cars in 2020 as a result of the impact COVID-19 coronavirus-prompted factory closures, the SMMT has revealed.
