Society of Motor Manufacturers and Traders (SMMT)
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Market Insight 12 JulNew car retail disruption will continue to fuel used sales, says Cox Automotive
Semiconductor shortages, the transition to electric vehicles (EV) and “the true impact of Brexit” are among new car retail disruptions that are set to fuel a strong used car market in to 2022, says Cox Automotive.
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Market Insight 5 JulManufacturers' 'long COVID' leaves Q2 car sales adrift of pre-pandemic levels
Car manufacturing is said to be suffering from “long COVID”, with new vehicle supply issues blamed for UK registrations total which remained adrift of pre-pandemic levels in Q2, 2021.
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Latest News 29 JunUK risks 90,000 automotive job losses if Government fails to ‘Build Back Better’
A new report from the Society of Motor Manufacturers and Traders (SMMT) has said the UK could suffer 90,000 job losses If Government fails to help the sector ‘Build Back Better’ after the COVID-19 crisis.
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Market Insight 25 JunUK's May car production remains 58% down on 5-year average, SMMT reports
The COVID-19 recovery of UK car production continues to be hampered by component supply shortages, with May volumes down 58% on the five-year average for the month.
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Market Insight 27 MayUK car manufacturing remains ‘challenging’ after April production surge
UK’s car manufacturing recovery remained “challenging” after a surge in April production still left the sector's output 15% down on the first four months of 2019, the SMMT has said.
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Market Insight 11 MayUsed car sector embraces ‘renewed optimism’ after 8.9% Q1 sales dip
Society of Motor Manufacturers and Traders (SMMT) chief executive Mike Hawes has said the used car retail sector can look forward with “renewed optimism” after an 8.9% decline in sales during Q1.
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Market Insight 10 MayCar dealers warned not to be ‘blindsided’ by headwinds after April optimism
Cox Automotive has warned UK car dealers not to be ‘blindsided’ by the automotive retail sector’s headwinds after the optimism on an April sales regurgence.
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Market Insight 6 MaySemiconductor shortages threaten recovery after April's record LCV sales
The Light Commercial Vehicle (LCV) market delivered record registrations in April as businesses expressed their confidence in the COVID-19 recovery in new vehicle acquisitions.
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Market Insight 5 MayApril new car registrations reveal ‘light at the end of the tunnel’, says SMMT
The Society of Motor Manufacturers and Traders (SMMT) has said that April’s 13.9% rise in new car registrations show that there is “light at the end of the tunnel” after COVID-19.
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Manufacturer 29 AprBMW to halt Mini production in Oxford due to semiconductor shortage
BMW is set to temporarily close its Plant Oxford Mini production line after the premium car manufacturer becomes the latest casualty of a global shortage of semiconductor microchips.
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Market Insight 29 Apr
UK car manufacturing’s COVID-19 recovery to take ‘at least six months’
Car manufacturers have told the Society of Motor Manufacturers and Traders (SMMT) that their COVID-19 recovery will take “at least six months” in the UK.
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Market Insight 12 Apr
NFDA and SMMT publish updated post-lockdown car showroom reopening guidance
The National Franchised Dealers Association (NFDA) and Society of Motor Manufacturers and Traders (SMMT) have teamed-up to publish assets and advice to help car retailers re-open safely after COVID-19 ‘Lockdown 3’.
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Market Insight 6 AprUK new car market strengthens for 1st time since August
UK new car sales in March 2021 were up on 2020 despite showrooms remaining closed by the coronavirus lockdowns.
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Market Insight 26 MarShowroom reopenings a ‘ray of light’ after 14% February car manufacturing dip
Next month’s post-Lockdown reopening of car showrooms across the UK has been described as a “ray of light” following another 14% decline in UK manufacturer’s vehicle output in February.
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Market Insight 25 Mar
EV revolution primarily for ‘fleets not families’, says SMMT CEO Mike Hawes
Society of Motor Manufacturers and Traders (SMMT) chief executive Mike Hawes has said that electric revolution is “primarily for fleets, not families” and called for change to drive mass adoption.
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Market Insight 16 MarCarmakers accused of ‘scaremongering’ over implications of 2030 ICE ban
Car manufacturers and the Society of Motor Manufacturers and Traders (SMMT) have been accused of “scaremongering” in their efforts to lobby the UK Government over its 2030 ban on diesel and petrol cars.
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Market Insight 4 MarPorsche dealers outsold ‘Lockdown 3’ new car market to deliver YTD sales growth
Porsche GB’s growing franchised car retail network contributed to a February sales result which delivered growth amid a market down 35.5% due to the ongoing COVID-19 ‘Lockdown 3’ showroom closures.
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Market Insight 4 Mar
SMMT downgrades 2021 car registrations forecast again ahead of ‘dismal new plate month’
Car dealers should be braced for “a third, successive dismal new plate month” in March after COVID-19 ‘Lockdown 3’ delivered another 35.5% decline to the UK’s new car registrations in February.
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Market Insight 26 Feb
Showroom reopenings offer fastest route to UK car manufacturing recovery, says SMMT
Society of Motor Manufacturers and Traders (SMMT) chief executive, Mike Hawes, has suggested that the immediate re-opening car dealerships represents the “fastest way to UK automotive manufacturing recovery”.
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People News 16 FebNominations open for Autocar’s Great Women: Rising Stars 2021 initiative
Nominations are being invited for Autocar’s Great Women: Rising Stars initiative as the event prepares to celebrate the automotive sector's top female employees.
