The Society of Motor Manufacturers and Traders want to ensure all automotive companies benefit from continued tariff-free trade with our largest market after agreeing on Brexit terms. While no substitute for the benefits provided by remaining in the EU, the TCA provides hope for the future, with a foundation on which to build, domestically and … [Read more...]
UK car sales plunge nearly 30% in November
New car registrations slumped by 27.4% in November in Britain, according to the Society of Motor Manufactuers and Traders, as English showrooms were closed in the latest lockdown. Click and collect helped sals achieve 113,781 and “With a vaccine now approved, the business and consumer confidence on which this sector depends can only improve, giving the … [Read more...]
Bumpy road to low carbon future, say experts
The UK Government’s drive towards electric cars and a low carbon future faces a bumpy journey, say experts. Car-makers said they are committed to them and invested billions but the challenge of the next nine years is “immense”, according to Mike Hawes, SMMT chief executive. "We are pleased, therefore, to see Government accept the importance of hybrid … [Read more...]
Used electric cars now growing sales
Second-hand battery and electric cars are being sought by drivers, says the Society of Motor Manufacturers and Traders in their latest report on the used car market. The UK’s used car market increased by 4.4% in Q3 after two consecutive quarters of decline, according to the latest figures published today by the SMMT. During the busiest quarter since the … [Read more...]
Time for a new approach to selling EVs, says report
A new approach to the likely success of electric vehicles is needed say analysts, who question the claims of the car makers' body in Britain. Tesla became the most valuable car manufacturer for many reasons, from glamour to having the longest-range vehicles. The IDTechEx report, "Electric Vehicles: Land, Sea and Air 2021-2041" gives the big … [Read more...]
Welsh lockdown badly hits car dealers
The firebreak lockdown has wiped 25% off new car sales in Wales, revealed figures from the Society of Motor Manufacturers and Traders. It is a warning to England which has just gone into a month's lockdown as opposed to the fortnight shutdown in Wales which ends on monday after 3,677 new cars were sold by Welsh dealers in the three weeks they could open … [Read more...]
Newslines 30 October
Electrified vehicles have outsold diesel-powered models across Europe, says JATO Dynamics. This turnaround comes as September registrations in the EU were up by 1% over 2019, marking a significant milestone in the low carbon drive and much of it was due to the arrival of the VW ID.3 . UK car production fell in September, with output down -5.0%, to register … [Read more...]
Welsh drivers are leading car buyers
Drivers in Wales are ahead of the UK. It’s the only part of the country to record car sales rising in September, when they went up 2.15% and contrasted with a maximum decline of 5.21% in England. New car registrations last month were down overall in the UK by 4.44% to 327,732 but in Wales they rose to 12,135 new cars, easily passing the 11,880 in … [Read more...]
Vans deliver good returns in September
Home deliveries have delivered for the UK van market. Sales of light commercials grew by 26.4% in September following a weak month last year, when the market was affected by emission regulations changes. “It is encouraging to see the van market experience an uplift in registrations of over a quarter indicating that a degree of confidence has returned to … [Read more...]
Drive begins to save apprenticeships
The Society of Motor Manufacturers and Traders Charitable Trust Fund has launched the SMMT Apprentice Support Programme, designed to help safeguard the jobs of apprentices currently working within the automotive industry. The scheme comes as the government-funded furlough scheme is poised to end in a month’s time, to be replaced by new measures to … [Read more...]
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