Society of Motor Manufacturers and Traders (SMMT)
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Market Insight 6 Jan
COVID-impacted UK car market suffered 29.4% decline in 2020
The UK’s franchised car retailers have been praised for their ability to adapt and meet the challenges of COVID-19 pandemic after the SMMT reported a 29.4% decline in new car registrations during 2020.
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Market Insight 23 Dec
UK carmakers facing Brexit and COVID-triggered ‘New Year nightmare’
Society of Motor Manufacturers and Traders (SMMT) chief executive Mike Hawes has said he fears a “New Year nightmare” for UK car manufacturers if the UK Government and EU fail to reach a trade agreement.
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Market Insight 8 Dec
COVID-19 triggered home deliveries boom drives LCV sales growth
New and used light commercial vehicle (LCV) sales have proved to be more than resilient to the current COVID-19 coronavirus crisis – they are thriving because of it.
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Market Insight 4 Dec
England’s COVID ‘Lockdown 2’ prompts 27.4% car registrations drop
The UK Government’s COVID-19 ‘Lockdown 2’ took a £1.3 billion toll on car sales during November as registrations declined 27.4%, according to the Society of Motor Manufacturers and Traders (SMMT).
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People News 30 Nov
PSA Group UK MD Alison Jones appointed as SMMT vice-president
The Society of Motor Manufacturers and Traders (SMMT) has appointed PSA Group UK’s managing director, Alison Jones, as its new vice-president.
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Market Insight 26 Nov
UK car production down 18.2% in October as sector awaits Brexit deal
UK car manufacturing output fell by 18.2% in October with 110,179 units leaving factory gates, according to latest figures by the Society of Motor Manufacturers and Traders (SMMT).
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Finance 19 Nov
March 2021 could be the trigger point for new car price increases
Some vehicle manufacturers may delay new car price increases as a result of a no deal Brexit until March 2021, according to Automotive Services International (ASI).
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Market Insight 18 Nov
Prime Minister announces 2030 new diesel and petrol vehicle sales ban
UK Prime Minister Boris Johnson has revealed Government’s plan to ban the sale of new purely petrol and diesel-powered cars and vans by 2030 as part of a 10-point “green recovery” plan.
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Used Cars 10 Nov
SMMT reports 4.4% Q3 used car sales growth
Used car sales volumes rose by 4.4% in Q3 2020 after COVID-19 lockdown measures eased across the UK, according to the Society of Motor Manufacturers and Traders (SMMT).
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Market Insight 10 Nov
SMMT: Brexit preparations cost UK automotive £735m
A new study compiled by the Society of Motor Manufacturers and Traders (SMMT) has found that preparations for Brexit have already cost the UK’s automotive sector £735 million.
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Market Insight 5 Nov
'Lockdown 2' and 'firebreak' to result in worst annual car sales since 1982
The SMMT has said that COVID-19 Lockdown 2 and the Welsh firebreak are set to result in the UK’s weakest new car sales performance since 1982, following a 1.6% decline during October.
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Market Insight 2 Nov
Low risk car showrooms should open in lockdown, dealers argue
Car dealers are arguing that their showrooms should stay open during the new lockdown announced by the UK Government at the weekend.
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Car Manufacturer News 29 Oct
UK’s September car production is worst since 1995
Output from UK car factories fell by 5% this September; recording the worst performance for the month in 25 years, according to the Society of Motor Manufacturers and Traders.
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Market Insight 22 Oct
SMMT claims ‘no-deal’ Brexit will trigger £2,800 uplift in EV prices
The Society of Motor Manufacturers and Traders (SMMT) has said that a 'no-deal Brexit' would trigger a £2,800 uplift in electric vehicle (EV) prices and jeopardise the growing interest in green new cars.
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Opinion 9 Oct
All revved-up and nowhere to go? UK car manufacturing post-Brexit
Some UK based car manufacturers – especially Japanese ones - could end up facing export tariffs with or without a Brexit free trade deal with the European Union (EU).
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Market Insight 6 Oct
LCV registrations remain 27.4% down despite September growth
New registrations in the light commercial vehicle (LCV) sector remain 27.4% down year-to-date despite a growth of 26.4% in September, the SMMT has reported.
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Market Insight 5 Oct
September's 4.4% car sales dip brought poorest plate change month for 20 years
The UK’s new car sales volumes slumped to their lowest September number plate change month this century as the automotive COVID-19 recovery stalled to a 4.4% year-on-year decline.
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Market Insight 29 Sep
New SMMT support scheme offers car dealers 'Safe Harbour' from COVID-19
Car retailers could avoid COVID-19 insolvency and help retain automotive sector jobs after being offered support from the Society of Motor Manufacturer and Traders’ (SMMT) Safe Harbour scheme.
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Car Dealer News 29 Sep
SMMT launches fund to save at-risk automotive apprenticeship jobs
The Society of Motor Manufacturers and Traders (SMMT) has launched a new support programme that will provide up to £100,000 to cover the salaries of apprentices that are at risk of redundancy.
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Market Insight 25 Sep
SMMT fears ‘disturbing times’ ahead after 44.6% August car manufacturing decline
The Society of Motor Manufacturers and Traders (SMMT) has expressed its fears of “disturbing times” ahead after UK car manufacturing declined 44.6% by volume in August.