Society of Motor Manufacturers and Traders (SMMT)
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Manufacturer 27 Jun
SMMT urges political support to boost UK EV production
The SMMT has called on every political party to sign up to key pledges that would see a 10-fold increase to UK EV production to 750,000 units a year by 2030.
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Used Cars 10 May
Used EVs post fastest growth as market recovers in Q1, says SMMT
The UK’s used car market rallied with 4.1% growth in Q1 and EVs were the fastest growing sector, up by 56.5%, according to the latest data from the SMMT.
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Market Insight 28 Apr
UK car production remained over 40% down on pre-COVID 2019 in Q1
The UK’s car manufacturing sector remained “well below pre-pandemic levels” during Q1 2023, despite a 6% increase in production volumes over the three-month period.
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Market Insight 5 Apr
Large fleets drove March’s 18.2% new car registrations growth
New car registrations ended Q1 2023 on a high after demand from large fleets drove year-on-year volume growth of 18.2%.
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Market Insight 30 Mar
Car production growth shows UK automotive is ‘road to recovery’, says SMMT
Society of Motor Manufacturers and Traders (SMMT) chief executive Mike Hawes has said the UK’s car manufacturing sector is “on the road to recovery” following a 13.1% growth in production volumes in February.
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Market Insight 13 Mar
SMMT outlines blueprint for UK to become an EV manufacturing leader
The Society of Motor Manufacturers and Traders has laid out its blueprint for the UK to become one of the world’s most competitive locations for advanced automotive manufacturing in the electric vehicle (EV) age.
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Market Insight 6 Mar
VW Group, Nissan and Dacia among February's car registrations winners
Volkswagen Group, Nissan and Dacia were among the new car market’s triple digit percentage growth winners as car manufacturers celebrated a seventh month of UK automotive sector growth in February.
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Market Insight 6 Mar
February’s 26.2% registrations growth shows ‘taps are reopening’ on new car supply
The UK’s new car market experienced a 26.2% year-on-year rise in registrations to register a seventh consecutive month of growth, The Society of Motor Manufacturers and Traders (SMMT) has reported.
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Market Insight 24 Feb
‘Unattractive’ UK car manufacturing sector looks to Spring Budget for support
Society of Motor Manufacturers and Traders (SMMT) chief executive Mike Hawes has admitted that the UK car manufacturing sector needs a new "pitch” to remain competitive with global rivals.
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Market Insight 10 Feb
Supply ‘squeeze’ blamed for 8.5% used car sales decline in 2022
The automotive sector’s new car supply “squeeze” has been blamed for an 8.5% decline in used car sales during 2022 – with margins remaining strong as retailers struggled to source stock.
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Market Insight 7 Feb
SMMT predicts 2023 van registrations growth after 26% January increase
Van registrations are predicted to grow by 13.9% in 2023 after starting the new year with their first month of growth since the September numberplate change.
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Market Insight 6 Feb
MG HS is UK’s best-seller but VW tops January sales charts
MG’s flagship HS SUV was the UK’s best-selling car in the first month of 2023 but Volkswagen registrations exceeded closest rival Ford by 36% to start the year as the biggest selling brand.
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Market Insight 6 Feb
New car market still ‘fragile’ despite 14.7% January growth, says SMMT
Society of Motor Manufacturers and Traders (SMMT) chief executive Mike Hawes has said the economic outlook, cost-of-living crisis and anxiety over new technology mean the new car market remains ‘fragile’, despite 14.7% January growth.
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Market Insight 26 Jan
UK’s car manufacturing prospects ‘precarious’ after 2022’s 9.8% decline
The prospects of UK car manufacturing sector’s future has been labelled “precarious” as pressure mounts to accelerate investment in zero-emissions electric vehicle (EV) production following 2022’s 9.8% sector decline.
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Market Insight 5 Jan
Volkswagen’s bumper December makes it UK’s best-selling car brand in 2022
Volkswagen retained its position as the UK’s best-selling new car brand after bumper December registrations accelerated its performance ahead of US rival Ford.
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Manufacturer 5 Jan
British-built Nissan Qashqai tops UK's best-selling car rankings for 2022
Nissan’s Qashqai SUV has become the first British-built vehicle to top the UK’s annual best-selling car rankings for 24 years.
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Market Insight 5 Jan
UK automotive ‘adrift of pre-pandemic performance’ after 2% 2022 registrations dip
The UK automotive sector remains “adrift of its pre-pandemic performance” after an acceleration in December new car registrations failed to arrest a full-year decline – ending 2022 down 2% at 1.61 million units.
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Market Insight 6 Dec
Do the UK's new car registrations suggest we have finally reached 'peak premium'?
In the latest edition of AM Magazine David Francis takes deep-dive into the UK's new car registrations and asks: "Has the market finally reached 'peak premium?'"
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Market Insight 5 Dec
Updated: Ford remains in pole position to top 2022 car registrations
Ford remains in pole position to finish 2022 as the UK's best-selling automotive brand after growing its registrations once more in November.
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Market Insight 5 Dec
SMMT reports UK’s fourth month of new car registrations growth
The Society of Motor Manufacturers and Traders (SMMT) said that new car registrations were being energised by electric vehicle (EV) uptake as November delivered 23.5% year-on-year growth.